BMO Capital Maintains Market Perform on Obsidian Energy, Raises Price Target to $11
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its Market Perform rating on Obsidian Energy (AMEX:OBE) and raised the price target from C$9.5 to C$11.
September 22, 2023 | 5:01 pm
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POSITIVE IMPACT
Obsidian Energy's price target has been raised by BMO Capital from C$9.5 to C$11, while maintaining a Market Perform rating.
The increase in price target by BMO Capital indicates a positive outlook for Obsidian Energy. This could potentially lead to an increase in the stock price in the short term as it signals confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100