Montauk Renewables price target lowered to $4 from $6 at Scotiabank

Scotiabank lowered the firm’s price target on Montauk Renewables (MNTK) to $4 from $6 and keeps a Sector Perform rating on the shares. The firm is updating its ratings across the U.S. Integrated Oil, Refining, and Large Cap E&P sector, the analyst tells investors.