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Stock impact report

TotalEnergies SE (TTE) Expands Power Segment Amid Rising Data Center Demand, TD Cowen Raises Price Target [Yahoo! Finance]

TotalEnergies SE Ordinary Shares (TTE) 
Company Research Source: Yahoo! Finance
target to $80 from $70 while keeping a Hold rating on the company's shares. The firm highlighted the company's growing power segment and potential development of resources in Namibia. TotalEnergies SE (TTE) Expands Power Segment Amid Rising Data Center Demand, TD Cowen Raises Price Target Analyst Jason Gabelman stated that TotalEnergies' power sector gets value from data-center demand, with growth potential that is expected to go beyond 2030. According to the analyst, Namibia may have enough resources to sustain over two floating production holding and offloading vessels. These changes could boost free cash flow growth over the next 10 years. TotalEnergies' fiscal 2026 cash flow from operations forecast came in marginally below TD Cowen's expectations. Moreover, the company clarified that it is open to both modest and major purchases to deal with its 1 billion cubic feet per day natural gas deficiency in the US. TotalEnergies SE (NYSE:TTE) is a global multi-energy company that Show less Read more
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