Suncor Energy received a rating update from Scotiabank on June 26, which assumed coverage with an Outperform rating and a price target of C$104, citing continued upside in select Canadian oil and gas equities. Goldman Sachs downgraded the stock to Neutral from Buy on June 5 with a price target of $72, stating that the company's operational turnaround is now better reflected in the shares and that it sees less relative upside. Suncor Energy is an integrated energy company with operations in Oil Sands, Exploration and Production, Refining and Marketing, and Corporate and Eliminations.
Suncor Energy IncMixed analyst ratings: Scotiabank Outperform vs Goldman Sachs downgrade to Neutral
Bank of Nova Scotia