SM Energy (SM) Receives a Hold from Siebert Williams Shank & Co
In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Hold rating on SM Energy, with a price target of $28.00.
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Sorbara covers the Energy sector, focusing on stocks such as CNX Resources, Devon Energy, and Ovintiv. According to TipRanks, Sorbara has an average return of 13.5% and a 62.81% success rate on recommended stocks.
SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $34.25.
Based on SM Energy’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $718.3 million and a net profit of $108.98 million. In comparison, last year the company earned a revenue of $835.86 million and had a net profit of $188.28 million
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