Scotiabank Maintains Sector Perform on Southwestern Energy, Lowers Price Target to $9
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Cameron Bean maintains a Sector Perform rating on Southwestern Energy (NYSE:SWN) but lowers the price target from $9.5 to $9.
August 20, 2024 | 1:58 pm
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Scotiabank has maintained its Sector Perform rating for Southwestern Energy but has reduced the price target from $9.5 to $9, indicating a slightly less optimistic outlook.
The lowering of the price target from $9.5 to $9 by Scotiabank suggests a slightly less optimistic view on Southwestern Energy's future performance. This could lead to a short-term negative impact on the stock price as investors adjust their expectations.
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