Suncor Energy Price Target Lowered to $61 at TD

MT Newswires Live

2025/03/20

TD Securities lowered its price target on Suncor Energy Inc. (SU.TO) to $61 from $63 on Thursday.

Analyst Menno Hulshof maintained a Buy rating on shares of the Calgary-based integrated energy company.

"Successful execution of first-ever U1 coke drum replacement should boost Street confidence in deliverability of 2025 guidance," Hulshof said in a note to clients.

"Strong Q1/25 refining set-up could help offset potential downward revisions to Street estimates," the analyst said.

(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)

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(SU.TO) to $61 from $63 on Thursday.</p><p>Analyst Menno Hulshof maintained a Buy rating on shares of the Calgary-based integrated energy company.</p><p>\"Successful execution of first-ever U1 coke drum replacement should boost Street confidence in deliverability of 2025 guidance,\" Hulshof said in a note to clients.</p><p>\"Strong Q1/25 refining set-up could help offset potential downward revisions to Street estimates,\" the analyst said.</p><p>(MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. 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