Wells Fargo raises Canadian Natural Resources target to $74, keeps Equal-Weight
Wells Fargo kept its Equal-Weight rating on Canadian Natural Resources and lifted the target to $74 from $65, per TradingView data.
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what happened
Wells Fargo kept its Equal-Weight rating on Canadian Natural Resources and moved its target up to $74 from $65, according to TradingView. That is an increase of 13.8%.
The new level implies about 8.1% upside compared with the November 5 closing price of $68.48. TradingView attributes its reference data to Benzinga.
why it matters
An Equal-Weight rating is a neutral stance, so this change mainly reflects a higher valuation view rather than a shift in sentiment. Updates like this usually move a single stock rather than the broader oil and gas sector.
tags
instruments
sources
- Wells Fargo maintains Canadian Natural Res at Equal-Weight, raises price target to $74 from $65 — TradingView, 6 November 2026 at 14:17 UTC
- Wells Fargo maintains Northwest Natural Hldg at Equal-Weight, raises price target to $50 from $49 — TradingView, 6 November 2026 at 15:53 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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