Calfrac Well Services (CFW.TO) was upgraded to outperform from sector perform at ATB Cormark Capital Markets on Tuesday.
Analyst Tim Monachello maintained a price target of C$9 on shares of the Calgary-based oilfield services company
"We believe CFW is well positioned to take advantage of an improving North American outlook amid strengthening demand and structural efficiency gains following recent fleet redeployments," Monachello said in a note to clients.
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Price: $7.30, Change: $+0.41, Percent Change: +5.95%