RBC Capital Maintains Sector Perform on SM Energy, Lowers Price Target to $41
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold maintains a 'Sector Perform' rating on SM Energy (NYSE:SM) and lowers the price target from $43 to $41.
July 13, 2023 | 2:48 pm
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RBC Capital has maintained a 'Sector Perform' rating on SM Energy and lowered the price target from $43 to $41.
The news is directly about SM Energy. RBC Capital's decision to maintain the 'Sector Perform' rating indicates a neutral outlook for the company. However, the lowering of the price target could potentially have a negative impact on the stock's price in the short term, but it's not necessarily a strong sell signal.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100