Reported 1 day ago
TD Securities has raised the price target for Suncor Energy Inc. (NYSE:SU) to C$63 from C$62, maintaining a Buy rating, in response to the company's strong Q2 2025 performance. Suncor reported $2.7 billion in adjusted funds from operations and $1.134 billion in net earnings. Despite a decrease in net earnings year-over-year due to lower upstream prices, the company achieved record production levels, marking significant operational success in the oil and gas sector.
Source: YAHOO