SM Energy (SM) Receives a Rating Update from a Top Analyst
In a report released today, Leo Mariani from Roth MKM maintained a Buy rating on SM Energy, with a price target of $24.00.
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According to TipRanks, Mariani is a top 100 analyst with an average return of 31.8% and a 69.76% success rate. Mariani covers the Energy sector, focusing on stocks such as Sable Offshore, Diamondback, and Murphy Oil.
In addition to Roth MKM, SM Energy also received a Buy from Stephens’s Michael Scialla in a report issued on February 19. However, on February 20, Siebert Williams Shank & Co maintained a Hold rating on SM Energy (NYSE: SM).
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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