JP Morgan Maintains Overweight on SM Energy, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains an Overweight rating on SM Energy and raises the price target from $50 to $54.
October 08, 2024 | 6:05 pm
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JP Morgan has increased its price target for SM Energy from $50 to $54 while maintaining an Overweight rating, indicating a positive outlook on the stock.
The increase in price target from $50 to $54 by JP Morgan suggests a positive outlook for SM Energy, likely leading to a short-term price increase. The Overweight rating indicates confidence in the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100