TD Securities upgraded Crew Energy to Buy from Hold with an unchanged price target of C$7 post the Q3 report. The analyst says Crew is well positioned to benefit from short-term domestic gas tightness following the startup of LNG Canada. The firm cites the recent pullback in shares for the upgrade.
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Read More on CWEGF:
- Crew Energy upgraded to Buy from Hold at TD Securities
- Crew Energy Announces Q3 2023 Results Highlighted by 64% Adjusted Funds Flow Margin and Confirmed Permits for the 180 mmcf per Day Groundbirch Gas Facility Plus 85 Wells
- Crew Energy price target raised to C$9.50 from C$9.25 at Stifel
- Crew Energy price target raised to C$10 from C$8.50 at Scotiabank
- Crew Energy price target raised to C$7 from C$6.50 at National Bank