National Bank Financial Raises Target Prices for Energy Stocks Amid Volatility

Analysts at National Bank Financial raise target prices for Canadian energy stocks by an average of 35% due to unprecedented news flow and geopolitical events affecting the sector. They recommend investors look past noise and consider the structural shift in geopolitics and energy markets, citing improved market access and energy security as key drivers of momentum. The iShares S&P/TSX Capped Energy Index ETF has risen only 16% since the start of the conflict, despite commodity prices surging.