TD Cowen Reaffirms Buy Rating on TotalEnergies SE Amid Market Fluctuations

TD Cowen analyst Jason Gabelman has reiterated his buy rating on TotalEnergies SE (TTE) and set a price target of $108.00.

Gabelman, who covers the Energy sector and has an impressive track record with stocks such as Delek US Holdings, BP, and Chevron, notes that TotalEnergies SE has seen significant fluctuations in its share price over the past year, ranging from a high of €81.34 to a low of €49.24.

This is not the first time analysts have expressed optimism about TotalEnergies SE. Just last week, Jefferies's Mark Wilson also maintained a Buy rating on the company.