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SU

Suncor

09:30
12/01/16
12/01
09:30
12/01/16
09:30

Suncor upgraded to Buy from Hold at Desjardins

SU Suncor

10/27/16
MACQ
10/27/16
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MACQ
Outperform
Suncor upgraded to Outperform from Neutral at Macquarie
Macquarie analyst Brian Bagnell upgraded Suncor to Outperform following the Q3 beat saying he is encouraged by the improving cost structure from its oil sands segment, and in particular from Syncrude.
11/02/16
MSCO
11/02/16
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MSCO
Overweight
Suncor upgraded to Overweight from Equal Weight at Morgan Stanley
11/02/16
MSCO
11/02/16
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MSCO
Overweight
Suncor upgraded to Overweight from Equal Weight at Morgan Stanley
11/02/16
11/02/16
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Overweight
Suncor upgraded to Overweight at Morgan Stanley
As previously reported, Morgan Stanley upgraded Suncor to Overweight from Equal Weight saying management's de-emphasis on acquisitions removes and overhang and turns the focus back on fundamentals. Analyst Benny Wong now expects outperformance to be driven by the approaching Fort Hills project completion, an inflection in free cash flow, and growth potential and NAV unlock.

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