Susquehanna Maintains Neutral on SM Energy, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Neutral rating on SM Energy (NYSE:SM) and raises the price target from $42 to $51.

April 22, 2024 | 1:12 pm
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Susquehanna maintains a Neutral rating on SM Energy but raises the price target from $42 to $51.
The increase in price target by Susquehanna suggests a positive outlook on the stock's value, potentially leading to increased investor interest and a short-term positive impact on the stock price. The Neutral rating indicates that the analyst sees the stock as fairly valued at its current price, balancing the positive price target adjustment.
CONFIDENCE 95
IMPORTANCE 80
RELEVANCE 90