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Home/News Feed/Investor raises Suncor buy target to $70 after strong Q3 and recent price dip
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$69.82
+$0.53 +0.76%

Investor raises Suncor buy target to $70 after strong Q3 and recent price dip

Company Fundamentals
13 Nov 2026, 14:45 WIB
Seeking Alpha
View Source
Bullish
Investor raises Suncor buy target to $70 after strong Q3 and recent price dip

An investor with a long-term position in Suncor has increased their buy target to $70 per share following a strong third-quarter performance and a recent pullback in the stock price. Despite some short-term risks at current price levels, the investor remains confident in Suncor's long-term fundamentals and plans to increase their share count after taking profits. This reflects a belief in the value of upstream oil reserves and a commitment to holding the stock over time.

Suncor shares are currently priced at USD 69.62 on Pluang, showing a modest gain of 0.48% for the day. The stock sees more buyers than sellers, with 64% of order activity favoring buys as of Nov 13, 2026 20:01 WIB.

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