Mizuho Maintains Neutral on Southwestern Energy, Raises Price Target to $10
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Southwestern Energy (SWN) and increased the price target from $9 to $10.

May 13, 2024 | 3:38 pm
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Mizuho analyst Nitin Kumar maintained a Neutral rating on Southwestern Energy while raising the price target from $9 to $10, indicating a positive outlook on the stock's valuation.
The increase in price target by Mizuho suggests a positive reassessment of Southwestern Energy's valuation, potentially leading to increased investor interest and a positive short-term impact on the stock price. The Neutral rating indicates that while the analyst sees improved valuation, there may still be factors that prevent a more bullish stance, keeping the importance slightly lower.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100