Analysts at Canaccord Genuity initiated coverage on shares of Synergy Resources SYRG with a Buy rating.
The target price for Synergy Resources is set to $17.
Synergy Resources shares have surged 74.35% over the past 52 weeks, while the S&P 500 index has gained 18.77% in the same period.
Synergy Resources' shares surged 3.57% to close at $12.78 on Friday.
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