BMO Capital Downgrades Suncor Energy to Market Perform, Lowers Price Target to C$44
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Randy Ollenberger has downgraded Suncor Energy from Outperform to Market Perform and lowered the price target from C$52 to C$44.

July 13, 2023 | 12:12 pm
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Suncor Energy has been downgraded to Market Perform by BMO Capital, with a lowered price target of C$44.
The downgrade from Outperform to Market Perform by BMO Capital indicates a less optimistic outlook for Suncor Energy. The lowered price target from C$52 to C$44 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100