TD Securities Maintains Hold on Suncor Energy, Raises Price Target to $57
Portfolio Pulse from Benzinga Newsdesk
TD Securities has maintained a Hold rating on Suncor Energy (NYSE:SU) while raising the price target from $52 to $57.
May 22, 2024 | 3:44 pm
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TD Securities has maintained a Hold rating on Suncor Energy and raised the price target from $52 to $57, indicating a positive outlook but not enough to upgrade the rating.
The raised price target suggests a positive outlook for Suncor Energy, but the Hold rating indicates that the analyst does not see enough upside potential to warrant a Buy rating. This could lead to a modest positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100