Mizuho Maintains Neutral Rating for Southwestern Energy: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
Mizuho has maintained its Neutral rating for Southwestern Energy (NYSE:SWN) but lowered its price target from $9.00 to $8.00. Southwestern Energy's shares are currently trading at $6.43, up 0.62% over the last 24 hours. A move to $8.00 would represent a 24.42% increase from the current share price.
August 16, 2023 | 5:00 pm
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NEUTRAL IMPACT
Mizuho's maintained Neutral rating and lowered price target could potentially impact Southwestern Energy's stock price.
Analyst ratings and price targets can influence investor sentiment and thus impact a company's stock price. In this case, Mizuho has maintained a Neutral rating for Southwestern Energy, indicating no major changes expected in the short term. However, they have lowered their price target, which could potentially lead to a negative sentiment among investors, impacting the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100