Wells Fargo Maintains Equal-Weight on SM Energy, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Hanwen Chang has maintained an Equal-Weight rating on SM Energy (NYSE:SM) and increased the price target from $45 to $51.
April 18, 2024 | 12:52 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on SM Energy and raised the price target from $45 to $51.
The increase in price target by Wells Fargo suggests a positive outlook on SM Energy's stock, potentially leading to increased investor confidence and a positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90