RBC Capital downgraded Athabasca Oil to Sector Perform from Outperform with a C$6 price target. The analyst cites the stock’s strong relative performance year-to-date and the company’s “premium valuation” for the downgrade.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>