UPDATE: Goldman Sachs Downgrades Suncor Energy (SU) to Buy (correction)

Go back to UPDATE: Goldman Sachs Downgrades Suncor Energy (SU) to Buy (correction)

Goldman Sachs Removes Suncor (SU) From Conviction List on Lack of Catalysts; Shares Slip

August 17, 2021 8:19 AM EDT

Shares of Suncor Energy (NYSE: SU) are down over 1% after Goldman Sachs removed shares from its Conviction List, although still rated Buy.

Neil Mehta believes there is a lack of catalysts that can help shares outperform in the near term.

Since being added to the Americas Conviction List on April 5, 2017, SU shares are down 39% vs. the XLE down 31% following concerns around operations and more... More

Goldman Sachs Removes Suncor (SU) From Conviction List on Lack of Catalysts; Shares Slip

August 17, 2021 7:41 AM EDT

Shares of Suncor Energy (NYSE: SU) are down over 1% after Goldman Sachs removed shares from its Conviction List, although still rated Buy.

Neil Mehta believes there is a lack of catalysts that can help shares outperform in the near term.

Since being added to the Americas Conviction List on April 5, 2017, SU shares are down 39% vs. the XLE down 31% following concerns around operations and more... More