TD Securities downgraded ARC Resources (AETUF) to Sell from Buy with a C$32.80 price target after the company agreed to be acquired by Shell.
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Read More on AETUF:
- ARC Resources price target raised to C$32.80 from C$28 at Scotiabank
- ARC Resources downgraded to Hold from Buy at Jefferies
- ARC Resources downgraded to Equalweight from Overweight at Capital One
- ARC Resources downgraded to Hold from Buy at Canaccord
- ARC Resources downgraded to Market Perform from Outperform at BMO Capital