RBC Capital Maintains Outperform on Baytex Energy, Announces C$8.5 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy maintains an Outperform rating on Baytex Energy (TSX:BTE) and announces a price target of C$8.5.
October 13, 2023 | 3:32 pm
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RBC Capital maintains an Outperform rating on Baytex Energy and sets a price target of C$8.5.
The Outperform rating maintained by RBC Capital indicates a positive outlook for Baytex Energy. The announcement of a price target of C$8.5 also suggests that the analyst believes the stock has potential for growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100