Seaport Global Upgrades SM Energy to Buy, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
Seaport Global analyst Mike Kelly has upgraded SM Energy (NYSE:SM) from Neutral to Buy while maintaining a $50 price target on the stock.
January 31, 2024 | 11:31 am
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SM Energy was upgraded from Neutral to Buy by Seaport Global analyst Mike Kelly, with a maintained price target of $50.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved prospects for the company. The maintained price target of $50 indicates a belief in the company's value and potential for growth.
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RELEVANCE 100