tiprankstipranks

Parex Resources resumed with a Market Perform at BMO Capital

BMO Capital analyst Jeremy McCrea resumed coverage of Parex Resources with a Market Perform rating and C$13 price target. The company has “recently been upended by underwhelming production results,” the analyst tells investors in a research note. The firm finds it likely that investors stay sidelined given the uncertainty for 2025.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue