Keyera price target raised to C$53 from C$48 at Barclays

Barclays analyst Theresa Chen raised the firm’s price target on Keyera (KEYUF) to C$53 from C$48 and keeps an Equal Weight rating on the shares. While macro tailwinds are supporting octane economics, the Alberta EnviroFuels outage is likely to pressure Keyera’s Q1 earnings, the analyst tells investors in a research note.