Jefferies raised the firm’s price target on Whitecap Resources (WCPRF) to C$13 from C$12 and keeps a Buy rating on the shares. The company reported a Q3 beat but the bigger news is the earlier than expected 2026 budget that looks materially more capital efficient than expected, the analyst tells investors in a research note. Jefferies expects to stock to perform well.
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Read More on WCPRF:
- Whitecap Resources: Strong Q3 Performance and Strategic Planning Justify Buy Rating
- Whitecap Resources Reports Strong Q3 and Raises 2025 Outlook
- Whitecap Resources Declares October Dividend and Schedules Q3 Results Call
- Whitecap Resources price target raised to C$14 from C$12 at Scotiabank
- Whitecap Resources price target lowered to C$13 from C$14 at TD Securities
