Keybanc Maintains Overweight on SilverBow Resources, Raises Price Target to $50
Portfolio Pulse from richadhand@benzinga.com
Keybanc analyst Tim Rezvan has maintained an Overweight rating on SilverBow Resources (NYSE:SBOW) and raised the price target from $48 to $50.
August 17, 2023 | 8:39 am
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Keybanc has maintained an Overweight rating on SilverBow Resources and raised the price target from $48 to $50, indicating a positive outlook for the company.
The Overweight rating maintained by Keybanc indicates that the analyst believes SilverBow Resources will outperform the market. The increase in price target from $48 to $50 suggests that the analyst sees potential for the stock's price to rise. This is likely to have a positive impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100