CIBC lowered the firm’s price target on Enerflex (EFXT) to $9.25 from $10 and keeps a Neutral rating on the shares. Given the uncertainties surrounding growth programs from U.S. operators, CIBC is moderating its revenue expectations for the Engineered Systems segment moving forward, the analyst tells investors in a research note.
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Read More on EFXT:
- Enerflex Ltd. Reports Strong Q1 2025 Financial Results with Improved Margins and Reduced Debt
- Enerflex reports Q1 revenue $552M, consensus $794.85M
- Enerflex provides operational outlook
- Enerflex Ltd. Announces Successful Election of Directors and Approval of Executive Compensation
- EFX Earnings this Week: How Will it Perform?
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