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SMF Energy Corp (NASDAQ:FUEL) was downgraded by BMO Capital Markets from an “outperform” rating to a “market perform” rating in a research note issued on Friday, reports. They currently have a $50.00 price objective on the stock, down from their previous price objective of $66.89. BMO Capital Markets’ target price indicates a potential downside of 25.25% from the stock’s previous close. The analysts noted that the move was a valuation call.

A number of other firms have also recently commented on FUEL. Analysts at Needham & Company upgraded shares of SMF Energy Corp from a “buy” rating to a “strong-buy” rating in a research note to investors on Thursday, December 19th. They now have a $75.00 price target on the stock. Separately, analysts at Evercore Partners initiated coverage on shares of SMF Energy Corp in a research note to investors on Monday, December 2nd. They set an “underweight” rating on the stock. Finally, analysts at Oppenheimer upgraded shares of SMF Energy Corp from a “market perform” rating to an “outperform” rating in a research note to investors on Thursday, November 7th. They now have a $44.88 price target on the stock, up previously from $44.25. One analyst has rated the stock with a sell rating, two have given a hold rating, three have assigned a buy rating and one has issued a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus price target of $59.98.

Shares of SMF Energy Corp (NASDAQ:FUEL) traded down 2.82% on Friday, hitting $65.001. The stock had a trading volume of 187,293 shares. SMF Energy Corp has a 1-year low of $37.81 and a 1-year high of $71.24. The stock has a 50-day moving average of $54.50 and a 200-day moving average of $55.05. The company’s market cap is $2.133 billion.

SMF Energy Corp (NASDAQ:FUEL) last released its earnings data on Thursday, November 7th. The company reported ($0.16) earnings per share for the quarter, meeting the analysts’ consensus estimate of ($0.16). The company had revenue of $62.50 million for the quarter, compared to the consensus estimate of $58.84 million. During the same quarter last year, the company posted ($0.12) earnings per share. SMF Energy Corp’s revenue was up 132.3% compared to the same quarter last year. On average, analysts predict that SMF Energy Corp will post $-0.39 earnings per share for the current fiscal year.

SMF Energy Corporation provides petroleum product distribution services, transportation logistics and emergency response services to the trucking, manufacturing, construction, shipping, utility, energy, chemical, telecommunications and government services industries.

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