Scotiabank analyst Cameron Bean lowered the firm’s price target on Kelt Exploration (KELTF) to C$9 from C$11.50 and keeps an Outperform rating on the shares. The firm has refreshed its forecasts on stocks under its coverage in the North American Natural Gas sector, the analyst tells investors. Despite the recent tariff announcements, the firm remains enthusiastic on the sector’s outlook and believes the bull market is now here.
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.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KELTF:
- Kelt Exploration price target lowered to C$10.75 from C$11.50 at CIBC
- Kelt Exploration initiated with an Outperform at Raymond James
- Kelt Exploration: Positioned for Top-Quartile Growth with Strong Financial Stability and Operational Progress
- Kelt Exploration Reports Mixed 2024 Financial Results
- Kelt Exploration Reports Decline in 2024 Financial Results Amid Increased Capital Expenditure