Rating Change
Morgan Stanley reiterated its Underweight rating on Hess Midstream LP (NYSE:HESM) on October 13, 2026.
reiterateNYSE:HESM
Morgan Stanley Reiterates Underweight Rating on Hess Midstream LP (HESM)
Morgan Stanley reiterated its Underweight rating on Hess Midstream LP (NYSE:HESM) on October 13, 2026.
At publication ·
What changed
Hess Midstream LP (NYSE:HESM) · reiterate
- Firm
- Morgan Stanley
- Rating
- Underweight to Underweight
- Price at event
- $31.29
- Market capitalization
- $7.2B
At a glance
Key takeaways
- Morgan Stanley reiterated an Underweight rating on Hess Midstream LP (HESM) on October 13, 2026, with the stock trading at $31.29.
Market Context
Hess Midstream LP operates in the Energy sector. The stock currently trades at $31.29 with a market capitalization of $7.2B. The stock has declined 1.2% over the past 52 weeks.
Analyst coverage from Morgan Stanley provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for Hess Midstream LP.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for Hess Midstream LP
Among the 10 most recent ratings: 1 Buy, 5 Hold, 4 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 13, 2026 | Morgan Stanley | Underweight | N/A |
| Oct 02, 2026 | JP Morgan | Underweight | N/A |
| Jun 10, 2026 | Morgan Stanley | Underweight | N/A |
| May 12, 2026 | Morgan Stanley | Equal-Weight | N/A |
| Apr 20, 2026 | Goldman Sachs | Sell | N/A |
Related Tools: Analyst Ratings Dashboard | View HESM Stock Page
Frequently Asked Questions
What does the Underweight rating mean for HESM?
A rating of Underweight from Morgan Stanley reflects the analyst's outlook on Hess Midstream LP (NYSE:HESM). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the HESM forecast page.