ATB Cormark Raises Price Targets on Three Canadian Stocks
ATB Cormark raised price targets on Canadian Natural Resources, Whitecap Resources and WildBrain, according to Dow Jones Newswires citing Baystreet data.
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what happened
ATB Cormark lifted its price targets on three Canadian companies, Dow Jones Newswires reported, citing Baystreet. Canadian Natural Resources Ltd. keeps an Outperform rating, and its target moved up to C$85 from C$70.
Whitecap Resources Ltd. also holds Outperform, while its target rose to C$23 from C$19. WildBrain Ltd. received a higher target of C$1.45 from C$1.35 and retains a Sector Perform rating.
why it matters
Routine analyst actions like these rarely move the broader market on their own. For oil producers such as Canadian Natural and Whitecap, share prices typically track crude prices, so the target revisions mainly reflect analysts' updated valuations rather than a change in commodity prices. WildBrain is a media company with a limited link to energy.
tags
instruments
sources
- Canadian Natural Resources Ltd. Price Target Raised to C$85.00/Share From C$70.00 by ATB Cormark — Dow Jones Newswires, 22 October 2026 at 15:11 UTC
- Whitecap Resources Ltd. Price Target Raised to C$23.00/Share From C$19.00 by ATB Cormark — Dow Jones Newswires, 22 October 2026 at 15:11 UTC
- WildBrain Ltd. Price Target Raised to C$1.45/Share From C$1.35 by ATB Cormark — Dow Jones Newswires, 22 October 2026 at 15:11 UTC
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