National Bank Financial Inc Maintains Sector Perform on Imperial Oil, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
National Bank Financial Inc's analyst Travis Wood has maintained a 'Sector Perform' rating on Imperial Oil (AMEX:IMO) but lowered the price target from $87 to $82.
July 17, 2023 | 4:43 pm
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Imperial Oil's price target has been lowered from $87 to $82 by National Bank Financial, though the 'Sector Perform' rating is maintained.
The lowering of the price target for Imperial Oil by National Bank Financial indicates a potential decrease in the stock's value in the short term. However, the maintenance of the 'Sector Perform' rating suggests that the company is expected to perform on par with other companies in the sector.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100