TSX:SCR - Post Discussion
Post by
uwebb429 on Nov 15, 2024 1:24pm
Analyst Upgrades
RBC’s Greg Pardy increased his Strathcona Resources Ltd. target to $36 from $34 with a “sector perform” rating, while TD Cowen’s Menno Hulshof raised his target to $31 from $30 with a “hold” rating. The average is $34.25.
“Strathcona delivered an in depth look at its people, operations and differentiated business approach at its inaugural investor open house and will look to boost its public float in the first-quarter of 2025. Our constructive stance towards the company reflects its solid operating performance, robust shareholder alignment and extensive RLI,” said Mr. Pardy.
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