TTE | 09 May 2024 | AI Stock Analysis & News

TotalEnergies SE stock may face a downturn as analyst consensus remains neutral.

Stock AI’s forecasts:
🔴 -10.4% short-term ⬇️
🔴 -5.0% long-term ⬇️

Stock AI’s (TTE) Forecast get (+11.2% Profit)


StockAI’s analysis delivers real-world results. On 18 March 2024, $TTE ($67.2), StockAI predicted a long-term 🟢 buy signal. It was accurate: 1 month later price increased to $74.7 (🟢11.2%). Buying TTE on this signal yielded a +11.2% profit 💰💰.

TTE-TotalEnergies SE News


🟢 Atria Wealth Solutions Inc. raised its position in TotalEnergies SE, indicating confidence in the company’s future prospects.
🔴 Greenleaf Trust boosted its stake in TotalEnergies SE, potentially signaling a lack of faith in the stock’s performance.
🔴 Americana Partners LLC reduced its position in TotalEnergies SE, suggesting a bearish outlook on the company.
🔴 Prime Capital Investment Advisors LLC purchased a new stake in TotalEnergies SE, potentially indicating a lack of confidence in the stock.
🟢 First Horizon Advisors Inc. boosted its holdings in TotalEnergies SE, showing optimism for the company’s future growth.
🟢 Merit Financial Group LLC increased its stake in TotalEnergies SE, indicating a positive outlook on the company’s performance.

TotalEnergies SE stock has recently seen a mix of positive and negative news, with various institutional investors making moves that reflect their confidence levels in the company. While Atria Wealth Solutions Inc. and First Horizon Advisors Inc. have shown optimism by increasing their positions in the stock, Greenleaf Trust, Americana Partners LLC, and Prime Capital Investment Advisors LLC have reduced their stakes or shown caution with new purchases.

The overall sentiment seems to be a bit mixed, with some investors bullish on TotalEnergies SE’s future performance while others are more cautious. This uncertainty in the market could potentially lead to some short-term fluctuations in the stock price. However, in the long term, if the company is able to deliver on its growth targets and maintain investor confidence, we may see a positive impact on the stock price. It would be essential for potential investors to closely monitor any updates from TotalEnergies SE and the market to make informed decisions on their investments.

TTE-TotalEnergies SE Analyst Ratings


📉 Piper Sandler analysts increased their price target on TotalEnergies SE (NYSE:TTE) from $75.00 to $79.00 but maintained a neutral rating on the stock.

📈 Scotiabank analysts raised their rating on TotalEnergies SE (NYSE:TTE) stock.

📉 abrdn plc analysts slightly increased their holdings in TotalEnergies SE (NYSE:TTE) but maintained their rating on the stock.

Sources:
1. ETF Daily News
2. ETF Daily News
3. ETF Daily News
4. ETF Daily News
5. ETF Daily News

Disclaimer


Investors may consider the AI predictions and news summaries as one factor in their investment decisions alongside their own research and risk tolerance.

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