UBS raised the firm’s price target on ARC Resources (AETUF) to C$33 from C$31 and keeps a Buy rating on the shares. The firm sees “a mixed outlook for Energy in 2025,” noting on the positive side that it sees natural gas momentum building, but adding that crude oil prices face downward pressure and “attractive valuations may not be enough to bring in new investors.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AETUF:
- ARC Resources price target raised to C$30 from C$28 at RBC Capital
- ARC Resources price target raised to C$34 from C$33 at CIBC
- ARC Resources price target raised to C$31 from C$29 at Canaccord
- ARC Resources price target raised to C$32 from C$31 at National Bank
- ARC Resources Boosts Production and Dividend
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue