Southwestern Energy To Name Catherine A. Kehr Chairman Of The Board

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Simmons Raised Price Target on Southwestern Energy (SWN) Following Earnings Review

April 25, 2016 8:37 AM EDT

Simmons reiterated a Neutral rating on Southwestern Energy (NYSE: SWN), and raised the price target to $12.00 (from $10.00), following a 1Q earnings review. Production was above the high end of guidance and attributable to strong well performance and optimized compression/gathering system projects that are secular in nature.

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