RBC Capital Reiterates Outperform on Obsidian Energy, Maintains C$13 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy has reiterated an Outperform rating on Obsidian Energy and maintained a price target of C$13.
November 01, 2024 | 3:47 pm
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POSITIVE IMPACT
RBC Capital has reiterated its Outperform rating on Obsidian Energy, maintaining a price target of C$13. This suggests confidence in the company's performance and potential for stock price appreciation.
The reiteration of an Outperform rating and maintenance of a C$13 price target by RBC Capital indicates a positive outlook for Obsidian Energy. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90