Analysts Turn Cautious on Baytex Energy Corp. (BTE) Following 77% Surge

Baytex Energy Corp. (NYSE:BTE) is among the overlooked penny stocks to invest in. Baytex Energy Corp. (NYSE:BTE) On January 16, TD Cowen downgraded Baytex Energy Corp. (NYSE:BTE) to Hold from Buy and reaffirmed a price target of C$5. Thanks to the company’s rebranding project and reinstatement of its Normal Course Issuer Bid, the stock has appreciated significantly. Over the past six months, BTE has surged by nearly 77%. 3 High-Yielding Retirement Savings Stocks That Pay Monthly Dividends Earlier on Jan ...