Canaccord analyst Mike Mueller upgraded Pine Cliff Energy (PIFYF) to Buy from Hold with an unchanged price target of C$0.90. The company’s capital guidance and dividend cut facilitate a shift back to drilling into stronger natural gas prices, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on PIFYF:
- Pine Cliff Energy Announces 2025 Capex Plan and Dividend Adjustment
- Pine Cliff Energy’s Earnings Call: Cautious Optimism Amid Market Challenges
- Pine Cliff Energy Reports 2024 Results and Strategic Plans
- Pine Cliff Energy Reports 2024 Results with Increased Reserves and Dividends
- Pine Cliff Energy Declares February 2025 Monthly Dividend and Announces Webcast