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SilverBow Resources (SBOW) Receives a Rating Update from a Top Analyst
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SilverBow Resources (SBOW) Receives a Rating Update from a Top Analyst

Truist Financial analyst Neal Dingmann maintained a Buy rating on SilverBow Resources (SBOWResearch Report) today. The company’s shares closed yesterday at $29.17.

Dingmann covers the Energy sector, focusing on stocks such as APA, Civitas Resources, and Devon Energy. According to TipRanks, Dingmann has an average return of 13.1% and a 70.00% success rate on recommended stocks.

Currently, the analyst consensus on SilverBow Resources is a Moderate Buy with an average price target of $43.25, a 48.27% upside from current levels. In a report released today, Mizuho Securities also maintained a Buy rating on the stock with a $43.00 price target.

SBOW market cap is currently $744.5M and has a P/E ratio of 2.39.

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SilverBow Resources (SBOW) Company Description:

SilverBow Resources, Inc. is a growth-oriented independent oil and gas company. It engages in the acquiring and developing assets in the Eagle Ford Shale. The company was founded on October 11, 1979 and is headquartered in Houston, TX.

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