Scotiabank analyst Kevin Fisk upgraded Whitecap Resources (SPGYF) to Outperform from Sector Perform with a C$12 price target as the firm came off restriction on the stock.
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Read More on SPGYF:
- Whitecap Resources Completes Merger with Veren, Boosts Production Outlook
- Whitecap Resources and Veren Finalize Acquisition Plan
- Strategic Merger and Positive Outlook Justify Buy Rating for Whitecap Resources
- Whitecap and Veren Shareholders Approve Business Combination
- Whitecap Resources Secures Strong Shareholder Support at Annual Meeting