TD Securities Lowers PT on Baytex Energy Corp (BTE), Keeps a Buy Rating

Baytex Energy Corp. (NYSE:BTE) is one of the Cheap Energy Stocks to Buy Under $5. On September 30, TD Securities lowered the firm’s price target on Baytex Energy Corp. (NYSE:BTE) from $4.5 to $4, while keeping a Buy rating on the stock. The rating comes after the company topped revenue and EPS estimates for its fiscal second quarter of 2025. Baytex Energy Corp. (NYSE:BTE) posted $608.30 million in revenue, down 25.78% year-over-year but ahead of expectations by 49.06 million. In addition, the EPS of $0.14 ...