MEG Energy upgraded at RBC, citing focus on delivering shareholder returns (OTCMKTS:MEGEF)

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MEG Energy (OTCPK:MEGEF) +1.8% in Tuesday’s trading as RBC Capital upgraded the stock to Outperform from Hold with a C$31 price target, citing the company’s strong leadership, enhanced market access via Flanagan-Seaway to the U.S. Gulf Coast, strengthening balance sheet, and long-life assets.

CitingdeliveringenergyFocusMEGOTCMKTSMEGEFRBCreturnsshareholderupgraded
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