RBC Capital Maintains Outperform on Canadian Natural Res, Raises Price Target to C$62
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy maintains an Outperform rating on Canadian Natural Resources (TSX:CNQ) and raises the price target from C$60 to C$62.
August 02, 2024 | 8:02 pm
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POSITIVE IMPACT
RBC Capital has maintained its Outperform rating on Canadian Natural Resources and increased the price target from C$60 to C$62, indicating confidence in the company's performance.
The increase in the price target from C$60 to C$62 by RBC Capital suggests a positive outlook on Canadian Natural Resources' future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100