Scotiabank Upgrades Montauk Renewables to Sector Outperform, Announces $9 Price Target
Portfolio Pulse from Benzinga Newsdesk
Scotiabank analyst Paul Cheng has upgraded Montauk Renewables (NASDAQ:MNTK) from Sector Perform to Sector Outperform and set a price target of $9.

November 13, 2023 | 1:04 pm
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Montauk Renewables has been upgraded by Scotiabank from Sector Perform to Sector Outperform with a new price target of $9.
The upgrade by Scotiabank to Sector Outperform suggests a positive outlook on Montauk Renewables' performance. The new price target of $9 indicates a significant potential upside from the current trading price, which could attract investor interest and potentially drive the stock price up in the short term.
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