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Brokerages Set Suncor Energy Inc. NYSE:SU PT at 55.83

November 13, 2024
Suncor Energy Inc., a leading integrated energy company based in Canada, has recently had its price target set at $55.83 by various brokerages. This indicates a potential upside for the stock, making it an attractive investment opportunity. The company has been performing well in recent quarters, with higher production leading to better-than-expected profits. In addition, Suncor Energy has also announced an increase in its dividend, which further enhances its attractiveness for investors. With the positive momentum and favorable market conditions, experts from Stocks Prognosis recommend considering buying Suncor Energy Inc. shares for potential future gains.

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Investor opinions & comments:

I'm not sure if now is the right time to invest in Suncor Energy. The stock has already gained momentum, and there might be limited upside potential at the current price level
— from FinanceFrank at 11-16-2024 05:31
I'm definitely adding Suncor Energy to my watchlist. The price target set by brokerages and the company's strong financials make it an attractive investment opportunity
— from CashCasey at 11-16-2024 00:01
I'm skeptical about Suncor Energy's ability to sustain its current performance. The increase in dividend may be a short-term strategy to attract investors, and it doesn't necessarily guarantee long-term success
— from MaryJohnson at 11-14-2024 18:41
I'm optimistic about Suncor Energy's future. The company's higher production and better-than-expected profits are signs of a strong business model. It's definitely a stock worth considering for potential gains
— from MoneyMia at 11-14-2024 07:26
Suncor Energy seems like a solid investment option. The positive momentum and favorable market conditions are in its favor. I'm looking forward to potential future gains with this stock
— from SadieColeman at 11-14-2024 03:09
I've been following Suncor Energy for a while now, and I'm glad to see that the company is performing well. I might consider buying some shares to take advantage of the potential future gains
— from TraderTina at 11-14-2024 00:48
I've been looking for a promising energy stock to invest in, and Suncor Energy seems like a good option with its positive performance and increasing dividend
— from WilliamReed at 11-13-2024 17:01
I'm not convinced that Suncor Energy is a good investment. The energy sector is volatile, and there are too many uncertainties that could impact the company's performance
— from SavingsSamantha at 11-13-2024 09:55
I'm impressed with Suncor Energy's performance and the increase in its dividend. It shows that the company is confident in its ability to deliver value to its shareholders. I'm inclined to buy some shares
— from PennyInvestor at 11-13-2024 00:16
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Other news for SU

SUApril 21, 2025Locust Wood Capital Advisers LLC Sells 22,556 Shares of Suncor Energy Inc.  ~1 min.

Locust Wood Capital Advisers LLC, a renowned investment management firm, recently announced that it has sold 22,556 shares of Suncor Energy Inc. (NYSE: SU)....

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SUApril 8, 2025QuantWave Successfully Achieves 14.01% Profit Target Forecast for SUNCOR ENERGY INC.  ~1 min.

On March 14, 2025, QuantWave, an automated forecasting platform, issued a signal for a short position on SUNCOR ENERGY INC. (NYSE: SU) with a price of $36.68....

SUApril 8, 2025QuantWave Achieves 11.75% Profit Target with SUNCOR ENERGY INC. Forecast  ~1 min.

On March 7, 2025, QuantWave, the automated forecasting platform, issued a short signal for SUNCOR ENERGY INC. with a price target of $31.54. The stock had been trading at $35....



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