The Globe and Mail

Go to the Globe and Mail homepage

Jump to main navigationJump to main content

A pedestrian is reflected in a Suncor Energy sign in Calgary in this file photo.
A pedestrian is reflected in a Suncor Energy sign in Calgary in this file photo.
(Jeff McIntosh/The Canadian Press)

Wednesday's analyst upgrades and downgrades

Inside the Market’s roundup of some of today’s key analyst actions. This file will be updated during the trading day. For breaking analyst actions prior to market open every day, read our Before the Bell morning report.

Suncor Energy Inc.'s announcement this week of a 15 per cent hike to its dividend wasn't enough to please Canaccord Genuity analyst Phil Skolnick. He cut his price target on the stock to $45 (Canadian) from $50, as Canaccord removed Suncor from its "Canadian Focus List" - its favourite investing ideas.