CIBC Upgrade In a research report released Wednesday, CIBC World Markets’ Jamie Kubik and colleagues Dennis Fong, Christopher Thompson raised their targets for these stocks:
- Birchcliff Energy Ltd. ( “neutral”) to $15 from $11. Average: $13.
- Enerplus Corp. ( “outperformer”) to $28 from $23. Average: $22.50.
- Spartan Delta Corp. ( “outperformer”) to $22 from $16. Average: $17.77.
- Tamarack Valley Energy Ltd. ( “outperformer”) to $8 from $7.50. Average: $8.12.
- Topaz Energy Corp. ( “outperformer”) to $30 from $26. Average: $28.40.
- Tourmaline Oil Corp. ( “outperformer”) to $90 from $85. Average: $82.73
- Whitecap Resources Inc. ( “outperformer”) to $15 from $14.50. Average: $14.98.