Targets RaisedCanaccord Genuity’s Mike Mueller moved his Tamarack Valley Energy Ltd. target to $5.75, above the $5.67 average, from $5. Other changes include: BMO’s Jeremy McCrea to $5.50 from $4.50 with an “outperform” rating and Desjardins Securities’ Chris MacCulloch to $6 from $5.75 with a “buy” rating. “We are increasing our target on Tamarack Valley ... reflecting positive revisions to our estimates following the release of constructive 2025 guidance earlier [Wednesday] morning,” said Mr. MacCulloch. “The company outlined plans for modest production growth on capital-efficient terms, reflecting the continued expansion of its highly successful waterflood projects. Furthermore, limited capital spending provides dry powder for TVE to continue trimming debt levels while maintaining a healthy pace of share buybacks.”