Morgan Stanley Reiterates Equal-Weight on Southwestern Energy, Maintains $5 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has reiterated an Equal-Weight rating on Southwestern Energy (NYSE:SWN) and maintained a $5 price target.
July 19, 2023 | 3:55 pm
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Morgan Stanley has reiterated an Equal-Weight rating on Southwestern Energy and maintained a $5 price target.
The news is directly about Southwestern Energy. Morgan Stanley's reiteration of an Equal-Weight rating and a $5 price target suggests that they believe the stock is fairly valued at its current price. This is likely to have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100