RBC Capital analyst Rob Mann raised the firm’s price target on Cardinal Energy (CRLFF) to C$9.50 from C$9 and keeps an Outperform rating on the shares.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on CRLFF:
- Cardinal Energy upgraded to Outperformer from Neutral at CIBC
- Cardinal Energy Raises $104.7 Million to Accelerate Reford Thermal Oil Project
- Cardinal Energy Upsizes Equity Financing to $95 Million on Strong Demand
- Cardinal Energy Launches $86.5 Million Equity Raise and Sanctions Second SAGD Project
- Cardinal Energy Advances Saskatchewan SAGD Expansion as Reford 1 Outperforms