- Published at
- by finance.yahoo.com
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Parex Resources price target lowered to C$14 from C$17 at Scotiabank
Scotiabank analyst Kevin Fisk lowered the firm’s price target on Parex Resources (PARXF) to C$14 from C$17 and keeps a Sector Perform rating on the shares. The firm is updating its price targets on the Canadian E&P stocks in its coverage, the analyst tells investors. The firm expects weak global oil prices to weigh on Canadian oil benchmarks in 2025 and 2026. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performin