Mizuho Maintains Buy on SM Energy, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Buy rating on SM Energy (NYSE:SM) and increased the price target from $44 to $51.
March 06, 2024 | 1:02 pm
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Mizuho analyst Nitin Kumar reaffirmed a Buy rating on SM Energy and raised the price target from $44 to $51.
The increase in the price target by a reputable analyst suggests a positive outlook on the company's future performance, likely leading to increased investor confidence and potentially driving the stock price up in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100