ATB Cormark raises price targets on Imperial Oil and Strathcona Resources
ATB Cormark kept Sector Perform on Imperial Oil and Strathcona Resources and raised both price targets, according to Baystreet via Dow Jones.
- published on Newsmetry
- original source published
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner. connect the api →
what happened
ATB Cormark kept its Sector Perform rating on Imperial Oil Ltd. and raised its price target to C$175 per share from C$140, according to Baystreet, as reported by Dow Jones Newswires.
The same analyst also kept Sector Perform on Strathcona Resources Inc. and lifted its target to C$50 per share from C$46.
why it matters
Analyst target revisions from individual brokers are routine and usually move shares only modestly. The higher targets reflect the firm's updated valuation of both companies, while the unchanged rating signals no shift in stance. Investors often weigh such changes alongside oil price trends and company guidance.
tags
instruments
sources
- Imperial Oil Ltd. Is Maintained at Sector Perform by ATB Cormark — Dow Jones Newswires, 22 October 2026 at 15:11 UTC
- Strathcona Resources Inc. Is Maintained at Sector Perform by ATB Cormark — Dow Jones Newswires, 22 October 2026 at 15:11 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
the public page opens no earlier than 15 minutes after we detect the story. approved stories may reach the api sooner.
get stories in real time ↗