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TD Cowen Sticks to Their Buy Rating for SM Energy (SM)

Tipranks - Tipranks - Wed Feb 18, 11:00PM CST

TD Cowen analyst David Deckelbaum maintained a Buy rating on SM Energy yesterday and set a price target of $36.00.

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Deckelbaum covers the Energy sector, focusing on stocks such as Antero Resources, Ovintiv, and SM Energy. According to TipRanks, Deckelbaum has an average return of 7.2% and a 49.17% success rate on recommended stocks.

In addition to TD Cowen, SM Energy also received a Buy from KeyBanc’s Tim Rezvan in a report issued yesterday. However, on February 13, Siebert Williams Shank & Co maintained a Hold rating on SM Energy (NYSE: SM).

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Based on SM Energy’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $811.01 million and a net profit of $155.09 million. In comparison, last year the company earned a revenue of $642.38 million and had a net profit of $240.52 million

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