Siebert Williams Shank & Co Remains a Hold on SM Energy (SM)
Siebert Williams Shank & Co analyst Gabriele Sorbara maintained a Hold rating on SM Energy on March 6 and set a price target of $28.00.
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Sorbara covers the Energy sector, focusing on stocks such as Coterra Energy, Devon Energy, and CNX Resources. According to TipRanks, Sorbara has an average return of 17.0% and a 66.80% success rate on recommended stocks.
In addition to Siebert Williams Shank & Co, SM Energy also received a Hold from TipRanks – Anthropic’s Anthropic Oil and Gas Exploration and Production in a report issued on March 6. However, on the same day, TipRanks – xAI reiterated a Buy rating on SM Energy (NYSE: SM).
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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