RBC Analyst Pardy Raises Suncor Energy Target to $75, Desjardins to $85

RBC Dominion Securities analyst Greg Pardy has reaffirmed his "outperform" rating for Suncor Energy Inc. with a new target of $75, citing the company's record year, production rates above guidance, and capital investment below the low end of its original outlook. Pardy also highlighted Suncor's differentiated shareholder returns and focus on continuous improvements. Desjardins Securities analyst Chris MacCulloch has increased his target to $85 with a "buy" rating.