RBC Capital Reiterates Sector Perform on SM Energy, Maintains $46 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated a 'Sector Perform' rating on SM Energy (NYSE:SM) and maintained a price target of $46.
October 05, 2023 | 4:10 pm
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RBC Capital has reiterated its 'Sector Perform' rating on SM Energy and maintained its price target of $46.
The reiteration of the 'Sector Perform' rating and maintenance of the price target by RBC Capital indicates that the analyst sees the stock performing in line with the sector. This is neither a positive nor a negative signal, hence the neutral score. However, the news is highly relevant and important for SM Energy investors as it provides insight into the stock's expected performance.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100