TD Cowen Reaffirms Hold on TotalEnergies SE (TTE) Ahead of Investor Day

TotalEnergies SE (NYSE:TTE) is among the best safe stocks to buy now. TD Cowen has reaffirmed its ‘Hold’ rating on TotalEnergies SE (NYSE:TTE) with a price target of $65.00, implying a potential upside of a modest 4.6%, just before the company’s Annual Investor Day planned for September 29.

Earlier on September 15, 2025, TotalEnergies SE (NYSE:TTE) and QatarEnergy joined Iraqi leaders in Baghdad to announce the construction of a massive seawater supply project and the full-scale development of the Ratawi oil field. This deal highlights the last major milestones of the Gas Growth Integrated Project (GGIP), directed by TotalEnergies, together with its collaborators Basra Oil Company and QatarEnergy.

The future of TotalEnergies SE (NYSE:TTE) looks quite promising. By 2030, the company anticipates that 50% of its total revenue will be derived from LNG production and 20% from renewable energy. Overall, the company maintains a strong presence around the world, particularly in Europe and Africa.

TotalEnergies SE (NYSE:TTE), headquartered in Courbevoie, France, is a multi-energy company that specializes in oil and biofuels, natural gas, biogas, and electricity, among others. Founded in 1924, the company operates through five segments.

While we acknowledge the potential of TTE to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than TTE and that has 100x upside potential, check out our report about this cheapest AI stock.

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