Whitecap Resources price target lowered to C$13 from C$14 at Barclays

Barclays analyst Anthony Linton lowered the firm’s price target on Whitecap Resources to C$13 from C$14 and keeps an Overweight rating on the shares. The analyst updated the firm’s commodity price deck to reflect Q2 actuals and the latest views from its commodities team. In connection with the revised commodity outlook, it reduced the price target.