Barclays Maintains an 'Overweight' on SM Energy (SM); Revising Estimates
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Price: $37.20 -1.17%
Rating Summary:
23 Buy, 15 Hold, 2 Sell
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Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
Rating Summary:
23 Buy, 15 Hold, 2 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 8 | Down: 5 | New: 26
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Barclays maintains an 'Overweight' on SM Energy (NYSE: SM) price target of $113.00.
Barclays analyst says, "We are revising our FY11 EPS estimate to $2.40 from $5.10. Our previously-published FY11 EPS estimate did not reflect the impact of non-recurring items. Our 4Q11 EPS estimate is unchanged at $0.43. Our FY12 and FY13 EPS estimates are also unchanged at $3.60 and $4.60, respectively."
For an analyst ratings summary and ratings history on SM Energy click here. For more ratings news on SM Energy click here.
Shares of SM Energy closed at $83.59 yesterday.
Barclays analyst says, "We are revising our FY11 EPS estimate to $2.40 from $5.10. Our previously-published FY11 EPS estimate did not reflect the impact of non-recurring items. Our 4Q11 EPS estimate is unchanged at $0.43. Our FY12 and FY13 EPS estimates are also unchanged at $3.60 and $4.60, respectively."
For an analyst ratings summary and ratings history on SM Energy click here. For more ratings news on SM Energy click here.
Shares of SM Energy closed at $83.59 yesterday.
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