RBC Capital Maintains Outperform on Parkland, Raises Price Target to C$47
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Luke Davis maintains an Outperform rating on Parkland (TSX:PKI) and raises the price target from C$46 to C$47.
September 06, 2023 | 2:00 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Parkland and raises the price target from C$46 to C$47. This could potentially lead to an increase in the stock's price.
Analyst ratings and price targets can significantly influence a stock's price. An Outperform rating suggests that the analyst expects the stock to do better than the market average. Additionally, a raised price target typically indicates an expectation of the stock's price increase, which can lead to increased investor interest and potentially a higher stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100