Jefferies analyst Roger Agarwal raised the firm’s price target on Paramount Resources (PRMRF) to C$34 from C$28 and keeps a Buy rating on the shares. Paramount Resources finished up over 7% after another production beat driven by Alhambra outperformance, the analyst tells investors in a research note. The firm added that guidance was raised slightly for 1H26 on stronger assumed plant reliability.
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