tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

EnQuest upgraded to Buy from Speculative Buy at Canaccord

Canaccord upgraded EnQuest to Buy from Speculative Buy with a price target of 33 GBp, up from 25 GBp. The rapid escalation of various actions across the Middle East has shifted the market focus back to supply-side risk and political/security uncertainties in that region, says the analyst, who sees EnQuest “looking far more appealing” with net debt declining rapidly and production “solid.”

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1