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Suncor Energy Inc. (SU:CA): National Bank Raises Target to C$146.00

Suncor Energy Inc. (SU:CA): National Bank Raises Target to C$146.00

Suncor Energy Inc. (SU:CA) — National Bank maintained its Outperform rating and raised its price target to C$146.00 from C$118.00. The target change represents a 23.7% increase. Suncor highlighted record second-quarter free funds flow per share across its integrated oil-sands and refining business. Looking ahead, investors will be watching whether operating reliability and refining margins sustain cash generation, with crude prices, maintenance spending and the pace of shareholder returns influencing the outlook.

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