Susquehanna Maintains Neutral on SM Energy, Raises Price Target to $40
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on SM Energy (NYSE:SM) and raises the price target from $32 to $40.
October 18, 2023 | 2:02 pm
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NEUTRAL IMPACT
Susquehanna analyst maintains a Neutral rating on SM Energy and raises the price target from $32 to $40.
The news is directly about SM Energy. The analyst from Susquehanna maintains a Neutral rating, indicating no significant change in the company's outlook. However, the increase in price target from $32 to $40 suggests a positive sentiment towards the company's future performance. This could potentially attract investors, but the neutral rating tempers the impact, hence the score is 0.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100