Canaccord Genuity Maintains Hold on PrairieSky Royalty, Raises Price Target to C$24.75
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Mike Mueller maintains a 'Hold' rating on PrairieSky Royalty (TSX:PSK) and raises the price target from C$23.75 to C$24.75.
July 18, 2023 | 1:12 pm
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POSITIVE IMPACT
Canaccord Genuity maintains a 'Hold' rating on PrairieSky Royalty and raises the price target. This could indicate a potential upside for the stock.
The raised price target by Canaccord Genuity indicates a potential upside for PrairieSky Royalty's stock. However, the 'Hold' rating suggests that the stock is fairly valued at current levels, and investors should maintain their positions rather than buying more or selling off.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100