BMO Capital Maintains Market Perform on Obsidian Energy, Raises Price Target to C$11
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Mike Murphy has maintained a 'Market Perform' rating on Obsidian Energy and raised the price target from C$9.5 to C$11.
September 22, 2023 | 1:27 pm
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Obsidian Energy's price target has been raised from C$9.5 to C$11 by BMO Capital, maintaining a 'Market Perform' rating.
The raised price target indicates that BMO Capital sees potential for Obsidian Energy's stock price to increase. The 'Market Perform' rating suggests that the stock is expected to perform similarly to the overall market. This news could positively impact the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100