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Analysts Offer Insights on Energy Companies: Kodiak Gas Services, Inc. (KGS) and SM Energy (SM)

Tipranks - Tue May 19, 7:24AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Kodiak Gas Services, Inc. (KGS) and SM Energy (SM).

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Kodiak Gas Services, Inc. (KGS)

RBC Capital analyst Elvira Scotto maintained a Buy rating on Kodiak Gas Services, Inc. on May 15 and set a price target of $84.00. The company’s shares closed last Friday at $73.49.

According to TipRanks.com, Scotto is a 5-star analyst with an average return of 17.8% and a 71.2% success rate. Scotto covers the NA sector, focusing on stocks such as Venture Global, Inc. Class A, Enterprise Products Partners, and Western Midstream Partners. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Kodiak Gas Services, Inc. with a $74.38 average price target, a 1.2% upside from current levels. In a report issued on May 8, TipRanks – xAI also upgraded the stock to Buy with a $80.00 price target.

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SM Energy (SM)

In a report issued on May 15, Scott Hanold from RBC Capital maintained a Hold rating on SM Energy, with a price target of $40.00. The company’s shares closed last Friday at $32.59.

Hanold has an average return of 43.1% when recommending SM Energy. ;'>

According to TipRanks.com, Hanold is ranked #74 out of 12240 analysts.

Currently, the analyst consensus on SM Energy is a Moderate Buy with an average price target of $37.09, representing a 15.9% upside. In a report issued on May 7, TipRanks – Anthropic also downgraded the stock to Hold with a $31.00 price target.

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