RBC Capital Maintains Outperform on Enerflex, Lowers Price Target to C$14
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Keith Mackey has maintained an 'Outperform' rating on Enerflex (TSX:EFX), but lowered the price target from C$15 to C$14.

October 04, 2023 | 1:40 pm
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NEUTRAL IMPACT
Enerflex's price target has been lowered from C$15 to C$14 by RBC Capital, though the 'Outperform' rating is maintained.
The lowering of the price target by RBC Capital could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Outperform' rating indicates that the analyst still expects the stock to outperform the market, which could counterbalance the negative impact of the lowered price target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100