UBS raised the firm’s price target on ARC Resources (AETUF) to C$33 from C$31 and keeps a Buy rating on the shares. The firm sees “a mixed outlook for Energy in 2025,” noting on the positive side that it sees natural gas momentum building, but adding that crude oil prices face downward pressure and “attractive valuations may not be enough to bring in new investors.”
Pick the best stocks and maximize your portfolio:
- Discover top-rated stocks from highly ranked analysts with Analyst Top Stocks!
- Easily identify outperforming stocks and invest smarter with Top Smart Score Stocks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AETUF:
- ARC Resources price target raised to C$30 from C$28 at RBC Capital
- ARC Resources price target raised to C$34 from C$33 at CIBC
- ARC Resources price target raised to C$31 from C$29 at Canaccord
- ARC Resources price target raised to C$32 from C$31 at National Bank
- ARC Resources Boosts Production and Dividend