By: Benzinga
UPDATE: Canaccord Genuity Initiates Imperial Oil Limited at Hold on Headwinds
Canaccord Genuity initiated coverage on Imperial Oil Limited (NYSE: IMO ) with a Hold rating and a $47.00 price target. Canaccord Genuity noted, "We are initiating coverage of Imperial Oil with a HOLD rating and a $47 target. We see many headwinds that will challenge the stock's share price performance.
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