Information Provided By:
Fly News Breaks for February 7, 2018
CNQ
Feb 7, 2018 | 04:53 EDT
Wells Fargo analyst Roger Read last night downgraded Canadian Natural to Market Perform and lowered his price target for the shares to C$42 from C$59. The analyst expects lower EBITDA in the coming years due to lower Canadian crude oil realizations and "persistent" pipeline constraints.