Canaccord Genuity Initiates Coverage On ARC Resources with Buy Rating, Announces Price Target of C$22.5
Portfolio Pulse from richadhand@benzinga.com
Canaccord Genuity analyst Mike Mueller has initiated coverage on ARC Resources with a Buy rating and a price target of C$22.5.
July 21, 2023 | 9:07 am
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POSITIVE IMPACT
ARC Resources has been initiated with a Buy rating by Canaccord Genuity, with a price target of C$22.5.
The initiation of coverage by Canaccord Genuity with a Buy rating and a price target of C$22.5 is a positive signal for ARC Resources. This could potentially attract more investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100