Pan Orient Energy Upgraded to Outperform at Raymond James (POE)
Pan Orient Energy (CVE: POE) was upgraded by analysts at Raymond James from a “market perform” rating to an “outperform” rating in a research report issued to clients and investors on Friday. The firm currently has a $4.00 price target on the stock, up from their previous price target of $3.50.
Pan Orient Energy Corp. (Pan Orient) is a junior oil and natural gas company. The Company focuses on two primary areas: exploration and development in Asia, principally in Thailand and Indonesia, and heavy oilsands exploration in Northern Alberta.
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