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Surge Energy price target raised to C$9 from C$8.50 at Roth Capital

Roth Capital raised the firm’s price target on Surge Energy (ZPTAF) to C$9 from C$8.50 and keeps a Buy rating on the shares post the Q2 report. The company increased its average 2025 production guidance on successful drilling results in two core areas in the Sparky play and Saskatchewan, the analyst tells investors in a research note.

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