PrairieSky Royalty (PSK:CA)
PrairieSky Royalty Ltd. just received four analyst target increases, reflecting an improving outlook for the Canadian energy company.
TD Securities maintained its Buy rating and raised its target to $40.00 from $39.00.
BMO reiterated their Outperform rating, increasing its target to $40.00 from $39.00.
Scotiabank maintained their Sector Perform rating, raising its target to $37.00 from $36.00.
CIBC maintained its Neutral rating and increased its target to $38.50 from $36.25.
Analyst Outlook: All four firms raised their targets, bringing the average to $38.88. Although recommendations remain mixed, the upward revisions suggest improving confidence in PrairieSky’s valuation and future prospects.
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