JP Morgan Upgrades Southwestern Energy to Neutral, Raises Price Target to $8.5
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram has upgraded Southwestern Energy (NYSE:SWN) from Underweight to Neutral and increased the price target from $7 to $8.5.
December 06, 2023 | 2:43 pm
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Southwestern Energy was upgraded by JP Morgan from Underweight to Neutral, with a raised price target from $7 to $8.5.
Upgrades by major analysts like JP Morgan can lead to increased investor confidence and potential stock price appreciation in the short term. The raised price target suggests a more favorable outlook for SWN, which may attract investors.
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