Stock Track | Baytex Energy Plunges 6.03% in Pre-Market After Analyst Maintains Hold Rating

Stock Track03-05

Baytex Energy Corp.'s stock fell 6.03% in pre-market trading on Thursday, following an analyst report that maintained a Hold rating on the company.

ATB Cormark Capital Markets analyst Amir Arif kept a Hold rating on Baytex Energy and set a price target of C$5.00. The neutral rating may have disappointed investors who were anticipating a more bullish outlook, leading to selling pressure in pre-market trading.

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