TD Securities analyst Aaron Bilkoski downgraded Kelt Exploration to Hold from Buy with an unchanged price target of C$8. The shares have gained 42% year-to-date, which has resulted in multiple expansion and a narrow return to the target price, the analyst tells investors in a research note.
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Read More on KELTF:
- Kelt Exploration downgraded to Hold from Buy at TD Securities
- Kelt Exploration upgraded to Outperform from Market Perform at Raymond James
- Kelt Exploration price target raised to C$9 from C$8 at Stifel
- Kelt Exploration price target raised to C$8.75 from C$7.75 at CIBC
- Kelt Exploration price target raised to C$8.50 from C$7 at National Bank