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.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>