Tamarack Valley Energy Price Target Raised to CA$17.25 at CIBC

07:50 AM EDT, 09/10/2026 (MT Newswires) -- CIBC Capital Markets raised its price target on Tamarack Valley Energy Ltd. (TVE.TO) to CA$17.25 from CA$16.50. Analyst Jamie Kubik maintained an outperformer rating on shares of the Calgary-based energy company following its acquisition of Headwater Exploration Inc. (HWX.TX). "We view Tamarack's acquisition of Headwater Exploration as a logical fit, allowing the company to solidify its position as a premier pure-play Clearwater producer," Kubik said in a note to clients. (MT Newswires covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www.mtnewswires.com/contact-us)