TD Securities lowered its price target on Keyera (KEY.TO) to CA$67.00 from CA$70.00 on Friday.
Analyst Aaron MacNeil maintained a buy rating on shares of the Calgary-based midstream oil and gas company after it lowered it marketing guidance on Thursday.
"Another Alberta EnviroFuels-related setback is likely to weigh on sentiment given persistent challenges at AEF this year," MacNeil said in a note to clients.
"Keyera has held in very well in the context of the recent broader sector selloff, leading us to expect that this update could result in relative underperformance in the near term," the analyst said.
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