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Enerflex price target lowered to $9.25 from $10 at CIBC

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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