RBC Capital Reiterates Sector Perform on SM Energy, Maintains $50 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital has reiterated a Sector Perform rating for SM Energy, maintaining a price target of $50.
October 08, 2024 | 2:23 pm
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NEUTRAL IMPACT
RBC Capital has reiterated its Sector Perform rating for SM Energy, maintaining a price target of $50. This suggests a neutral outlook on the stock's performance.
The reiteration of a Sector Perform rating with a maintained price target indicates that RBC Capital does not expect significant changes in SM Energy's stock price in the short term. This suggests a neutral outlook, as the price target aligns with current market expectations.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100