Jefferies raised the firm’s price target on Paramount Resources (PRMRF) to C$36 from C$35 and keeps a Buy rating on the shares. The company reported another earnings and production beat in Q1, the analyst tells investors in a research note.
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Read More on PRMRF:
- Paramount Resources Earns Buy Rating as Strong Execution Drives Outlook Upgrade and Price Target Raised to $36
- PRMRF Earnings this Week: How Will it Perform?
- Paramount Resources Declares April Cash Dividend of $0.05 per Share
- Paramount Resources price target raised to C$35 from C$31 at Raymond James
