JPMorgan Downgrades TotalEnergies Stock to Neutral

TotalEnergies (NYSE:TTE) stock has been downgraded to 'neutral' from 'overweight' by research analysts at JPMorgan Chase & Co. in a recent report.

This downgrade is one of several ratings and price targets for TotalEnergies that have been issued in the past few months, with some analysts predicting significant growth for the company's shares.

According to MarketBeat, nine analysts have given TTE a 'buy' rating, while nine others have assigned it a 'hold' rating. The average consensus price target is $88.50.