UBS Maintains Neutral on Southwestern Energy, Lowers Price Target to $7
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Southwestern Energy (NYSE:SWN) and lowers the price target from $7.5 to $7.
September 18, 2024 | 2:58 pm
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NEGATIVE IMPACT
UBS analyst Josh Silverstein maintains a Neutral rating on Southwestern Energy and lowers the price target from $7.5 to $7, indicating a cautious outlook.
The lowering of the price target by UBS suggests a less optimistic view on Southwestern Energy's short-term performance, which could lead to a negative impact on the stock price. The Neutral rating indicates no strong buy or sell recommendation, but the reduced price target may influence investor sentiment negatively.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100