In recent analyst reports, ARC Resources (ARX, Financial) has received an updated price target from Scotiabank. Analyst Cameron Bean has maintained a "Sector Outperform" rating for ARX, reflecting continued confidence in the stock's performance within its sector. The rating has remained consistent with the previous assessment.
Furthermore, Scotiabank has raised its price target for ARC Resources (ARX, Financial) from CAD 37.00 to CAD 38.00, marking an increase of approximately 2.70%. This update suggests a positive outlook for ARX, indicating anticipated growth potential.
The analyst's decision to raise the price target highlights an optimistic view on ARC Resources' (ARX, Financial) future prospects. Investors and stakeholders will be keen to monitor the company's performance following these adjustments by Scotiabank.
