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S&P Lowers Outlook on SM Energy (SM) to Negative; Ratings Affirmed

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KeyBanc Upgrades SM Energy (SM) to Overweight

August 10, 2016 7:26 AM EDT

KeyBanc upgraded SM Energy (NYSE: SM) from Sector Weight to Overweight with a price target of $40. The company recently announced an agreement to acquire assets in the Permian.

"We are upgrading shares of SM following a rather transformative expansion in... More