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 and raises the price target from C$59 to C$62.
October 08, 2024 | 2:03 pm
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RBC Capital has increased the price target for Canadian Natural Resources from C$59 to C$62, maintaining an Outperform rating. This suggests confidence in the company's future performance.
The increase in price target and maintained Outperform rating by RBC Capital indicates a positive outlook for Canadian Natural Resources. 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