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TotalEnergies upgraded at RBC with ‘quality on sale’ after stock price lags peers

Exterior view of the headquarters of the oil company TotalEnergies, formerly known as Total

HJBC/iStock Editorial via Getty Images

TotalEnergies (NYSE:TTE) +1.4% in Thursday’s trading as RBC Capital upgrades to Outperform from Sector Perform with an €80 price target, seeing the stock’s recent selloff as providing an opportunity for long term investors to build a position ahead of material

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