RBC Capital Maintains Sector Perform on MEG Energy, Raises Price Target to C$27
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy maintains MEG Energy with a Sector Perform and raises the price target from C$24 to C$27.
September 11, 2023 | 4:46 pm
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POSITIVE IMPACT
RBC Capital maintains MEG Energy with a Sector Perform and raises the price target from C$24 to C$27. This could potentially lead to an increase in the stock's price.
The raised price target by RBC Capital indicates a positive outlook for MEG Energy. This could potentially lead to an increase in the stock's price as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100