TD Securities lowered its price target on Suncor Energy Inc. (SU.TO) to $61 from $63 on Thursday.
Analyst Menno Hulshof maintained a Buy rating on shares of the Calgary-based integrated energy company.
"Successful execution of first-ever U1 coke drum replacement should boost Street confidence in deliverability of 2025 guidance," Hulshof said in a note to clients.
"Strong Q1/25 refining set-up could help offset potential downward revisions to Street estimates," the analyst said.
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