SU - Suncor: Downgraded By Goldman Sachs Operational Issues Priced In But Better Opportunities Elsewhere
- Goldman Sachs recently removed Suncor from its conviction buy list.
- Still recommended as a buy but lower price target and lower conviction.
- Suncor has underperformed as it has struggled with predictable operational issues.
- While Suncor shares may perform in line going forward with issues priced in, there may be better opportunities.
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Suncor: Downgraded By Goldman Sachs, Operational Issues Priced In But Better Opportunities Elsewhere