RE:RE:RE:RE:RE:30% discounttomorrow is here, some are out :
CIBC World Markets analyst Kevin Chiang raised his target for Parkland Fuel Corp. (
) target to $53 from $50 with an “outperformer” rating, while RBC’s Luke Davis increased his target to $50 from $49 with an “outperform” rating and National Bank’s Vishal Shreedhar bumped his target to $48 from $47 with an “outperform” rating. The average is $50.79.
“PKI’s investor day reaffirmed our positive outlook on the company given its strong inorganic and organic growth pipeline,” said Mr. Chiang. “We see a disconnect between PKI’s share price today versus the fundamentals of its business. While the investor day focused on the company’s multi-year growth outlook, it also directly addressed some of the concerns we hear from investors on the name.”