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

Tipranks - Tipranks - Tue Mar 24, 6:15AM CDT

In a report released on March 20, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Hold rating on SM Energy, with a price target of $28.00. The company’s shares closed last Friday at $30.04.

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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 14.7% and a 65.08% success rate on recommended stocks.

In addition to Siebert Williams Shank & Co, SM Energy also received a Hold from Wells Fargo’s Hanwen Chang in a report issued on March 19. However, on March 21, TipRanks – DeepSeek reiterated a Buy rating on SM Energy (NYSE: SM).

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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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