Jefferies lowered the firm’s price target on Gibson Energy (GBNXF) to C$27 from C$28 and keeps a Buy rating on the shares. The firm attributes the post-earnings share selloff to the company’s marketing commentary. Lower marketing contribution drives negative estimate revisions for 2026 EBITDA, the analyst tells investors in a research note.
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Read More on GBNXF:
- Gibson Energy price target lowered to C$26 from C$27 at CIBC
- Gibson Energy price target lowered to C$26 from C$27 at RBC Capital
- Gibson Energy price target lowered to C$24 from C$25 at National Bank
- Gibson Energy Reports Record Throughput and Growth
- Gibson Energy price target lowered to C$23 from C$24 at TD Securities
