Scotiabank Lowers XPLR Infrastructure Price Target to $10
The target reduction is negative, but the target remains materially above the posted price; no clear bearish setup is established.
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The target reduction is negative, but the target remains materially above the posted price; no clear bearish setup is established.
What happened, with direct paths to the underlying reporting
Scotiabank lowered its price target for XPLR to $10, versus a posted price of $5.99. Despite the reduction, the target remains about 67% above the posted price, so the disclosed figures do not support a clear bearish signal.
Target: $10
Posted price: $5.99
Analyst firm: Scotiabank
Analyst: Andrew Weisel
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