BMO Capital Maintains Market Perform on SM Energy, Lowers Price Target to $48
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its Market Perform rating on SM Energy but has lowered the price target from $50 to $48.
October 04, 2024 | 5:44 pm
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BMO Capital has maintained its Market Perform rating on SM Energy but has lowered the price target from $50 to $48, indicating a slightly less optimistic outlook.
The lowering of the price target from $50 to $48 by BMO Capital suggests a slightly less optimistic view on SM 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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