Imperial Oil shares are trading higher after RBC Capital maintained a Sector Perform rating on the stock and raised its price target from C$105 to C$108.
Portfolio Pulse from Benzinga Newsdesk
Imperial Oil shares are trading higher after RBC Capital maintained a Sector Perform rating on the stock and raised its price target from C$105 to C$108.
August 12, 2024 | 4:11 pm
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POSITIVE IMPACT
Imperial Oil shares are trading higher after RBC Capital maintained a Sector Perform rating on the stock and raised its price target from C$105 to C$108.
The increase in price target by RBC Capital is a positive signal for investors, indicating confidence in the stock's future performance. This is likely to drive short-term buying interest.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100