Top Wall Street Analysts Stand by These Stocks as the First Half of 2022 Wraps Up

  • 📰 nbcchicago
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

TipRanks analyst ranking service pinpoints Wall Street’s best-performing stocks, including Adobe and Broadcom.

) can be a great stock to hedge your portfolio against the uncertainties facing the markets this year.is working relentlessly on a blueprint that will steer the company to a zero-emission future. With the support of advanced technologies, the company is rapidly progressing toward its goal. Imperial expects these technologies to reduce the intensity of carbon emissions by 25% to 90% in its upcoming oil sands production projects.

Pardy thinks that Imperial"possesses a capable leadership team, a favorable long-term operating outlook, a strong balance sheet, and a commitment to shareholder returns." Moreover, the analyst also points out that strong production rates in Imperial's property in Kearl in northern Alberta is lifting the company's overall operating momentum, further fueled by an improving cost structure.

Pardy reiterated a buy rating on the stock, and lifted the price target to $78 from $66."Our recent discussion with Imperial's CEO, Brad Corson, at the RBC Global Energy, Power & Infrastructure Conference emphasized strength in the company's downstream segment amid a significant commodity price tailwind and Imperial's commitment to ongoing shareholder returns," the analyst wrote.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 545. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks rally, driving Wall Street to a rare winning weekStocks racked up more gains on Wall Street on Friday, as the S & P 500 had its best day in two years and just its second winning week in the last 12 to provide a bit of relief from the market’s brutal sell-off this year. Some good news on a not so great day on Twitter💯👍🏽🇺🇸 Confidence in our SCOTUS leaders is returning, shows investors are anti genocide
Source: latimes - 🏆 11. / 82 Read more »

Stocks rally, driving Wall Street to a rare winning weekIt’s a reprieve from Wall Street’s tumble through most of the year, caused by the Fed’s and other central banks’ slamming into reverse on the tremendous support fed into markets through the pandemic.
Source: WTVYNews4 - 🏆 590. / 51 Read more »

Wall Street elite investor worries: recession, inflation, stock market crash, and Fed mistakesWall Street's elite investors are convinced a recession is all but inevitable — and the stock market's collapse has only just begun looking that way over here too ☹️ 'Don't you see? Mr. Potter is buying, not selling.
Source: BusinessInsider - 🏆 729. / 51 Read more »