RBC Capital Reiterates Sector Perform on SM Energy, Maintains $54 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated a Sector Perform rating on SM Energy (NYSE:SM) and maintained a $54 price target.
July 03, 2024 | 1:22 pm
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RBC Capital has reiterated a Sector Perform rating on SM Energy and maintained a $54 price target, indicating a neutral outlook.
The reiteration of a Sector Perform rating and maintenance of the $54 price target by RBC Capital suggests a neutral outlook for SM Energy. This indicates that the stock is expected to perform in line with the sector, and no significant short-term price movement is anticipated based on this rating alone.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100