JPMorgan downgraded SM Energy (SM) to Neutral from Overweight. The firm has become more selective on its oil-weighted names heading into 2025 given a preference for natural gas exposure. In addition, SM Energy’s near-term cash returns trail peers, the analyst tells investors in a research note.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio