ARC Resources Ltd T.ARX

Jefferies

[retiredcf]

Jefferies analyst Lloyd Byrne raised his target prices for a group of Canadian energy stocks on Friday. His changes include:

• ARC Resources Ltd. ( “buy”) to $30 from $28. The average on the Street is $27.38.
• Canadian Natural Resources Ltd. ( “hold”) to $110 from $86. Average: $106.97.
• Cenovus Energy Inc. ( “buy”) to $36 from $28. Average: $31.86.
• MEG Energy Corp. ( “hold”) to $35 from $28. Average: $32.77.
• Strathcona Resources Ltd. ( “hold”) to $36 from $26. Average: $34.50.
• Suncor Energy Inc. ( “hold”) to $53 from $50. Average: $52.69.
• Tourmaline Oil Corp. ( “buy”) to $75 from $70. Average: $76.63.