Mizuho raised the firm’s price target on SM Energy (SM) to $44 from $42 and keeps an Outperform rating on the shares. The firm believes the company’s Q2 should bring more confidence in its ability to execute on the Uinta integration.
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Read More on SM:
- SM Energy: Strong Operational Performance and Attractive Valuation Justify Buy Rating
- SM Energy’s Operational Excellence and Financial Strength Justify Buy Rating
- SM Energy reports Q2 adjusted EPS $1.50, consensus $1.25
- SM Energy price target lowered to $34 from $38 at RBC Capital
- SM Energy downgraded to Underperform from Outperform at Raymond James