Positive
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Proactive Investors
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4 months ago
Shell Plc's (LSE:SHEL, NYSE:SHEL) second-quarter update has pushed brokers to raise forecasts, with Citi lifting its EPS estimate by 13% and Jefferies increasing its earnings forecast by 14% to around US$9 billion. Citi said the statement was “incrementally positive”, with the main upside coming from downstream.