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Vermilion Energy upgraded to Overweight from Neutral at JPMorgan
The Fly

Vermilion Energy upgraded to Overweight from Neutral at JPMorgan

JPMorgan upgraded Vermilion Energy to Overweight from Neutral with a C$29 price target. The analyst cites valuation for the upgrade. This is an environment where exploration and production multiples for companies that can demonstrate consistent strong execution in the field should expand, the analyst tells investors in a research note.

Published first on TheFly

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