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Tag: Surge Energy

Surge Energy downgraded at Raymond James on decreased cash flow estimates
  • Technology

Surge Energy downgraded at Raymond James on decreased cash flow estimates

Cs news3 months ago01 mins

As previously reported, Raymond James downgraded Surge Energy (ZPTAF) to Market Perform from Outperform with a price target of C$6, down from C$8.50. The firm lowered production estimates 4% in 2026 alongside trimming its capital spending outlook beyond 2025, adding that its cash flow per share estimates drop 19% and 35%, respectively, for this year…

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