BMO Capital Maintains Market Perform on Athabasca Oil, Raises Price Target to C$4
Portfolio Pulse from richadhand@benzinga.com
BMO Capital analyst Mike Murphy has maintained a 'Market Perform' rating on Athabasca Oil (TSX:ATH) and raised the price target from C$3.75 to C$4.
August 01, 2023 | 12:12 pm
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BMO Capital has maintained a 'Market Perform' rating on Athabasca Oil and raised the price target from C$3.75 to C$4.
The raised price target indicates that BMO Capital sees potential for the stock's price to increase. This could lead to positive sentiment among investors, potentially driving the stock price up in the short term.
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