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.
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Read More on PARXF:
- Parex Resources price target lowered to C$19 from C$23 at Scotiabank
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