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Fly News Breaks for March 22, 2016
SU
Mar 22, 2016 | 07:09 EDT
JPMorgan analyst Phil Gresh resumed coverage of Suncor and downgraded the shares to Neutral from Overweight. The analyst lowered his price target for the shares to C$34 from C$40. The valuation is fair following the stock's recent move higher, Gresh tells investors in a research note.