CIBC analyst Jamie Kubik raised the firm’s price target on Enerflex (EFXT) to $15.25 from $11.50 and keeps a Neutral rating on the shares. The company reported another strong quarter, supported by better than expected margins, the analyst tells investors in a research note. The firm believes Enerflex’s additional business opportunities in modular power should drive the stock higher.
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Read More on EFXT:
- Enerflex price target raised to C$23 from C$20 at BMO Capital
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