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Kelt Exploration price target lowered to C$9 from C$11.50 at Scotiabank

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Kelt Exploration price target lowered to C$9 from C$11.50 at Scotiabank

TipRanks

Sat, Apr 12, 2025, 7:00 AM 1 min read

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Scotiabank analyst Cameron Bean lowered the firm’s price target on Kelt Exploration (KELTF) to C$9 from C$11.50 and keeps an Outperform rating on the shares. The firm has refreshed its forecasts on stocks under its coverage in the North American Natural Gas sector, the analyst tells investors. Despite the recent tariff announcements, the firm remains enthusiastic on the sector’s outlook and believes the bull market is now here.

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