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Trican Well downgraded to Sector Perform from Outperform at National Bank
The Fly

Trican Well downgraded to Sector Perform from Outperform at National Bank

National Bank analyst Dan Payne downgraded Trican Well Service to Sector Perform from Outperform with an unchanged price target of C$6.75. The analyst projects there is at least a one quarter lull to earnings coming through the fourth quarter for the energy services sector. As a result, the firm is tactically downshifting its stance to neutral on a wholesale basis.

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