Piper Sandler sustains an “Overweight” rating for Shell plc (NYSE:SHEL) with a revised price target dropped from $84 to $82.

The stock saw a minor dip to $71.85 as it faces fluctuations due to legal challenges and market conditions. The arbitration ruling favoring Venture Global raises implications for future LNG contract negotiations.

Shell’s market capitalization remains strong at approximately $212.39 billion, showcasing its substantial stability in the energy sector despite facing challenges.