TD Securities analyst Menno Hulshof upgraded Strathcona Resources (STHRF) to Buy from Hold with a C$47 price target An updated price deck reflects a “clear path” to durable volumes growth through 2031, and potentially 2035, as well as accelerated balance sheet deleveraging, the analyst tells investors.
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Read More on STHRF:
- Strathcona Resources price target raised to C$44 from C$33 at Scotiabank
- Strathcona Resources price target raised to C$36 from C$35 at RBC Capital
- Strathcona Resources price target raised to C$35 from C$27 at TD Securities
- Strathcona Resources price target raised to C$36 from C$26 at Jefferies
- Strathcona: Solid Execution and Improved Liquidity Already Priced In, Justifying a Hold Rating