Mizuho Upgrades Southwestern Energy to Neutral, Raises Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar upgraded Southwestern Energy (NYSE:SWN) from Underperform to Neutral and increased the price target from $6 to $9.
February 26, 2024 | 10:41 am
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POSITIVE IMPACT
Southwestern Energy was upgraded by Mizuho from Underperform to Neutral, with the price target raised from $6 to $9.
The upgrade from Underperform to Neutral by a reputable analyst at Mizuho, along with a significant increase in the price target, suggests a more positive outlook on SWN's performance. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100