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Stock impact report

Here's What Wall Street Thinks About Baytex Energy (BTE) [Yahoo! Finance]

Baytex Energy Corp Common Shares (BTE) 
Last baytex energy corp common shares earnings: 3/4 06:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
rating on Baytex Energy Corp. (NYSE:BTE) and also raised the price target from C$4.75 to C$5. On the same day, Jeremy McCrea from BMO Capital also reiterated a Buy rating on the stock with a price target of C$6. Jeremy from BMO Capital noted that the company's fundamentals and upside potential are improving. He highlighted that the company's 2026 plan includes steady capital spending, which is expected to keep production ahead of previous expectations. Moreover, the analyst also views the company to be attractively placed to manage the fluctuating commodity prices. BMO Capital also highlighted the strong multi-year growth outlook, driven by its Canadian assets. Lastly, the firm also likes the recent asset sales that refocus the company on higher-return operations. The positive ratings follow the company's announcement of its three-year outlook and 2026 budget allocation on December 22. Baytex Energy Corp. (NYSE:BTE) highlighted its 2026 capital budget of $550 million to $625 mil Show less Read more
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