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Fly News Breaks for April 3, 2019
SU
Apr 3, 2019 | 09:23 EDT
As previously reported, Evercore ISI downgraded Suncor to In Line from Outperform and trimmed its price target to C$54 from C$58. Analyst Stephen Richardson believes benefits from integration likely peaked in 2018 and sees some negative revisions in first half 2019. Further, the analyst thinks Suncor is at a crossroads in terms of the challenges integration creates for incremental growth opportunities.
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