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0 0 0 0.00586854460093905 0.00469483568075128 -0.00234741784037554 0.00469483568075128 0.0134976525821597
Stock impact report

Cheap Valuation Means SM Energy (SM) Still Has Upside After Downward Target Price Revisions [Yahoo! Finance]

Mizuho Financial Group, Inc. Sponosred ADR (Japan) (MFG) 
US:NYSE Investor Relations: mizuho-fg.com/investors/index.html
Company Research Source: Yahoo! Finance
Company (NYSE:SM) stock, along with the price target of $28, on January 17. Earlier in the same week, on January 13, RBC Capital analyst Scott Hanold lowered his price target on the stock from $35 to $29. However, the analyst kept his Hold rating on the shares. The analyst explained in a research note that the firm updated its estimates after completing its final fourth-quarter commodity mark-to-market analysis. Photo from PBF Energy LinkedIn Additionally, analyst Scott Hanold noted that the price target revision also reflects RBC's updated commodity price outlook, which now assumes lower oil prices. This outlook led to a lower price target. Interestingly, the geopolitical tensions in the Middle East are keeping oil prices elevated. Mizuho Securities also presented a similar stance on the company on January 9. William Janela of Mizuho Securities maintained a Buy rating while cutting the firm's price target for the stock from $38 to $34. His revised price target implies an impres Show less Read more
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