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Nuvista Energy downgraded to Market Perform from Outperform at Raymond James

Raymond James downgraded Nuvista Energy (NUVSF) to Market Perform from Outperform with a C$17 price target The firm cites near-term outages for the downgrade. Raymond James continues to like the business and believes the stock is relatively inexpensive, but is taking a “breather” as there are better opportunities among peers near-term.

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