CIBC Maintains Neutral on Imperial Oil, Raises Price Target to $76
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Dennis Fong maintains a Neutral rating on Imperial Oil (AMEX:IMO) and raises the price target from $75 to $76.
August 29, 2023 | 4:48 pm
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CIBC analyst Dennis Fong maintains a Neutral rating on Imperial Oil and raises the price target from $75 to $76.
The news is directly about Imperial Oil. The analyst maintains a Neutral rating, indicating no change in the company's outlook. However, the slight increase in the price target could suggest a slightly more positive view on the company's future performance, but it's not significant enough to suggest a strong upward trend.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100