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SM Energy (SM) Receives a Hold from Siebert Williams Shank & Co

Tipranks - Tipranks - Thu Feb 19, 9:56AM CST

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Hold rating on SM Energy, with a price target of $25.00.

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Sorbara covers the Energy sector, focusing on stocks such as Devon Energy, Coterra Energy, and Ovintiv. According to TipRanks, Sorbara has an average return of 15.1% and a 63.49% success rate on recommended stocks.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for SM Energy with a $27.86 average price target.

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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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