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Suncor reinstated with a Neutral at BofA

Suncor reinstated with a Neutral at BofA

BofA analyst Jean Ann Salisbury reinstated coverage of Suncor (SU) with a Neutral rating and C$60 price target The firm says operational and production improvements have driven recent outperformance for the second-largest Canadian oil producer, but the firm thinks that risk is balanced, the analyst tells investors.

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