BMO Capital raised the firm’s price target on Trican Well Service (TOLWF) to C$6 from C$5 and keeps a Market Perform rating on the shares after the company announced an intent to acquire private pressure pumper Iron Horse Energy Services. The deal should generate significant EPS and cash flow per share accretion given Iron Horse’s low overhead and minimal capex requirements, the analyst tells investors.
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Read More on TOLWF:
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