National Bank Financial Inc Maintains Sector Perform on PrairieSky Royalty, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Dan Payne has maintained a 'Sector Perform' rating on PrairieSky Royalty (OTC:PREKF) and raised the price target from C$23 to C$26.
June 29, 2023 | 5:22 pm
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PrairieSky Royalty's price target has been raised from C$23 to C$26 by National Bank Financial Inc. The rating remains 'Sector Perform'.
The increase in price target indicates that the analyst sees potential for the stock's price to rise in the future. This could lead to increased investor interest and potentially a rise in the stock's price in the short term. However, the 'Sector Perform' rating suggests that the stock is expected to perform in line with the sector, indicating a neutral outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100