BMO Capital Downgrades Greenfire Resources to Market Perform
Bearish, based on the downgrade and the target well below the posted price; the ticker mismatch warrants caution.
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Bearish, based on the downgrade and the target well below the posted price; the ticker mismatch warrants caution.
What happened, with direct paths to the underlying reporting
BMO Capital downgraded Greenfire Resources (GFR:CN) to Market Perform and set an $11 target versus a posted price of $23.67, indicating substantial downside in the analyst’s view. The record lists the symbol as CN, which does not match the ticker in the title.
Target: $11
Posted price: $23.67
Analyst firm: BMO Capital
Analyst: Tariq Saad
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