Canaccord Genuity Initiates Synergy Resources With Buy

Analysts at Canaccord Genuity initiated coverage on shares of Synergy Resources

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.