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Gibson Energy downgraded to Neutral from Overweight at JPMorgan

Gibson Energy downgraded to Neutral from Overweight at JPMorgan

JPMorgan downgraded Gibson Energy (GBNXF) to Neutral from Overweight with an unchanged price target of C$26. The firm sees a more balanced risk/reward following the “sudden” CFO replacement. With the catalysts largely played out, Gibson appears more fully valued, the analyst tells investors in a research note.

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