Trade Report: Today, TD Securities Downgraded Madalena Energy Inc (MVN) Price Target to C$0.20

Today, TD Securities Downgraded Madalena Energy Inc (MVN) Price Target to C$0.20

Madalena Energy Inc (CVE:MVN) had its price objective cut by research analysts at TD Securities from C$0.35 to C$0.20 in a research note issued on Friday. The firm currently has a “speculative buy” rating on the oil and gas exploration company’s stock. TD Securities’ price target points to a potential upside of 185.71% from the stock’s previous close.

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