Mizuho Maintains Outperform on SM Energy, Lowers Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst William Janela maintains an Outperform rating on SM Energy but lowers the price target from $62 to $57.
September 16, 2024 | 1:55 pm
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NEUTRAL IMPACT
Mizuho analyst William Janela maintains an Outperform rating on SM Energy but lowers the price target from $62 to $57, indicating a slightly less optimistic outlook.
The Outperform rating suggests continued positive sentiment towards SM Energy, but the lowered price target indicates a tempered outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100