- My Portfolio
- News
- Markets
- Stocks: Most Actives
- Stocks: Gainers
- Stocks: Losers
- Trending Tickers
- Futures
- World Indices
- US Treasury Bonds Rates
- Currencies
- Crypto
- Top ETFs
- Top Mutual Funds
- Options: Highest Open Interest
- Options: Highest Implied Volatility
- Sectors
- Basic Materials
- Communication Services
- Consumer Cyclical
- Consumer Defensive
- Energy
- Financial Services
- Healthcare
- Industrials
- Real Estate
- Technology
- Utilities
- Private Companies
- Research
- Personal Finance
- Videos
- Streaming Now
New on Yahoo
New on Yahoo
© 2025 All rights reserved.
Unlock stock picks and a broker-level newsfeed that powers Wall Street.
TipRanks
Thu, Apr 10, 2025, 11:56 AM 1 min read
In This Article:
As previously reported, Raymond James downgraded Obsidian Energy (OBE) to Market Perform from Strong Buy with a price target of C$10, down from C$14, citing reduced estimates alongside a trimming of its capital spending assumptions. The firm believes oil-weighted equities broadly will remain under pressure in the context of the current macro environment and says that its new oil outlook suggests management will likely have to trim development capital below current Street expectations.
Stay Ahead of the Market:
-
Discover outperforming stocks and invest smarter with Top Smart Score Stocks.
-
Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on OBE:
Terms and Privacy Policy
Comments