RBC Capital downgraded Trican Well Service (TOLWF) to Sector Perform from Outperform with an unchanged price target of C$7.50. The fracturing market in Canada looks well supplied currently, which is driving pricing pressures, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TOLWF:
- Trican Well Service Sets Date for Q1 2026 Results and Earnings Call
- Trican Well Service price target raised to C$8 from C$6.75 at Raymond James
- Trican Reschedules Q4 2025 Earnings Call After Technical Issues
- Trican Well Service price target raised to C$7 from C$6.50 at BMO Capital
- Trican Boosts 2025 Results, Hikes Dividend and Extends Aggressive Buyback Plan