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Stock Market & Financial Investment News

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February 20, 2014
07:46 EDTSMSM Energy weakness a buying opportunity, says RW Baird
Baird would be buyers of SM Energy on yesterday's weakness citing its steepest NAV discount in their coverage group. The firm lowered its Eagle Ford expectations but raised its Bakken EUR's and noted the company's balance sheet strength which can be used to pursue acquisitions. Shares remain Outperform rated wit a $100 price target.
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