RBC Capital Maintains Sector Perform on SM Energy, Raises Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold maintains a Sector Perform rating on SM Energy (NYSE:SM) and raises the price target from $45 to $50.
March 08, 2024 | 4:41 pm
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RBC Capital analyst Scott Hanold maintains a Sector Perform rating on SM Energy and raises the price target from $45 to $50.
The increase in price target from $45 to $50 by RBC Capital indicates a positive outlook on SM Energy's stock, suggesting potential upside. This could lead to increased investor interest and a short-term rise in the stock price.
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