RBC Capital Reiterates Outperform on Topaz Energy, Maintains C$26 Price Target
Portfolio Pulse from richadhand@benzinga.com
RBC Capital's analyst Luke Davis has reiterated an Outperform rating on Topaz Energy and maintained a price target of C$26.
August 01, 2023 | 1:56 pm
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Topaz Energy's stock rating has been reiterated as Outperform by RBC Capital, with a maintained price target of C$26.
The reiteration of an Outperform rating by a major analyst like RBC Capital indicates a positive outlook for Topaz Energy. The maintained price target of C$26 also suggests that the analyst believes the stock is still undervalued, which could lead to upward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100