GREY:ANGZF - Post by User
Post by
retiredcfon Mar 22, 2012 9:57am
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Post# 19704421
CIBC World Markets
CIBC World Markets CIBC was very pleased with the latest results. Below is the final para of the analyst report. They maintain a Sector Outperform rating and a $9.50 target price. GLTA.
| We are very impressed by the company's ability to deliver on Cardium oil results in Harmattan. With continued outperformance, we would not be surprised to see the company revise guidance upward after spring break-up. However, at this time we believe management is being prudent. |