RBC Capital Maintains Outperform on Enerplus, Raises Price Target to $22
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy has maintained an 'Outperform' rating on Enerplus (NYSE:ERF) and raised the price target from $21 to $22.
November 06, 2023 | 4:44 pm
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RBC Capital has maintained an 'Outperform' rating on Enerplus and raised the price target from $21 to $22.
The 'Outperform' rating indicates that the analyst expects Enerplus to do better than the market average. The increase in the price target from $21 to $22 suggests that the analyst sees potential for the stock's price to rise. This could have a positive impact on the stock's price in the short term.
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