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Benzinga
Benzinga
Business
Priya Nigam

Why Wells Fargo Is Turning Bearish On Southwestern Energy

It may take time for investors to appreciate the benefits of Southwestern Energy Company’s (NYSE:SWN) initiatives over the past year, as the current focus is on debt reduction, according to Wells Fargo.

The Southwestern Energy Analyst: Nitin Kumar downgraded the rating for Southwestern Energy from Equal Weight to Underweight, while raising the price target from $8 to $10.

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