Desjardins Raises Suncor Energy Price Target to C$117 From C$110
Desjardins Securities raised its price target on Suncor Energy to C$117 per share from C$110 and kept its Buy rating, according to Dow Jones Newswires.
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what happened
Desjardins Securities raised its price target on Suncor Energy to C$117 per share from C$110. The firm kept its Buy rating on the stock.
Dow Jones Newswires reported the change, citing Baystreet.
why it matters
Price target changes show how analysts revise their valuation of a stock and are often read as a signal of sentiment toward the company. Suncor is a Canadian energy company, so such calls are closely watched by investors tracking Canada's oil sector. A C$7 increase in the target does not by itself indicate a change in the company's fundamentals, which this report does not cover.
tags
instruments
sources
- Mullen Group Ltd. Price Target Raised to C$31.00/Share From C$30.00 by Desjardins Securities — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
- Suncor Energy Ltd. Price Target Raised to C$117.00/Share From C$110.00 by Desjardins Securities — Dow Jones Newswires, 20 October 2026 at 15:27 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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