Wells Fargo initiated coverage of Rockpoint Gas (RGSI.TO) with an Overweight rating and C$28 price target The firm believes the company has “visible growth” due to strong gas storage fundamentals. Growing gas demand is increasing the value of storage, and Rockpoint Gas is a pure-play on the theme, the analyst tells investors in a research note.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TSE:RGSI: