JP Morgan Upgrades SM Energy to Overweight, Raises Price Target to $47
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Zach Parham has upgraded SM Energy (NYSE:SM) from Neutral to Overweight and raised the price target from $45 to $47.
August 16, 2023 | 9:44 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
SM Energy has been upgraded from Neutral to Overweight by JP Morgan, with a raised price target from $45 to $47.
The upgrade from JP Morgan is a positive signal for SM Energy. The raised price target indicates that the analyst believes the stock has potential for further growth. This could lead to increased investor interest and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100