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Research analysts at Mackie upped their target price on shares of Pan Orient Energy (CVE:POE) from C$3.00 to C$4.00 in a report released on Friday. The firm currently has a “buy” rating on the stock. Mackie’s price target points to a potential upside of 79.37% from the stock’s previous close.

Separately, analysts at Jennings Capital initiated coverage on shares of Pan Orient Energy in a research note on Tuesday, May 27th. They set a “buy” rating and a C$3.75 price target on the stock.

Pan Orient Energy Corp. (CVE:POE) is a junior oil and natural gas company.

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