tiprankstipranks
Trending News
More News >

Gibson Energy downgraded to Hold from Buy at TD Securities

TD Securities downgraded Gibson Energy (GBNXF) to Hold from Buy with a price target of C$25, up from C$24. Gibson’s share price has outperformed and now approaches the firm’s raised price target notes the analyst, who believes the firm’s positive thesis on the name following the Q4 weakness “has played out.” Growth opportunities look “longer-dated in the context of current market conditions,” the analyst added.

Don’t Miss TipRanks’ Half-Year Sale

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

Disclaimer & DisclosureReport an Issue

1