BMO Capital Downgrades Enerflex to Market Perform, Lowers Price Target to C$11
Portfolio Pulse from richadhand@benzinga.com
BMO Capital's analyst John Gibson has downgraded Enerflex from Outperform to Market Perform and reduced the price target from C$13 to C$11.
August 10, 2023 | 12:58 pm
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Enerflex has been downgraded by BMO Capital from Outperform to Market Perform, with a reduced price target from C$13 to C$11.
The downgrade from Outperform to Market Perform by BMO Capital indicates a less optimistic outlook for Enerflex. The reduction in price target from C$13 to C$11 also suggests that the analyst believes the stock may not perform as well as previously expected. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100