Jefferies Maintains Hold on Canadian Natural Res, Raises Price Target to $94
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne has maintained a 'Hold' rating on Canadian Natural Res (NYSE:CNQ) and raised the price target from C$84 to C$94.
August 28, 2023 | 12:24 pm
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NEUTRAL IMPACT
Jefferies has maintained a 'Hold' rating on Canadian Natural Res and raised the price target from C$84 to C$94.
The news is directly about Canadian Natural Res (CNQ). The 'Hold' rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months. The increase in price target indicates a positive outlook but it's not a strong buy signal, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100