Suncor Energy Inc. (NYSE:SU) is considered one of the most undervalued Canadian stocks to buy now. TD Securities raised Suncor’s price target to C$63 from C$62 after a strong Q2 performance, where the company generated $2.7 billion in adjusted funds from operations and $1.0 billion in free funds flow. Despite a drop in net earnings to $1.134 billion from $1.568 billion in the same period last year, Suncor achieved record production levels in both upstream and downstream segments. The company operates through Oil Sands, Exploration & Production, and Refining & Marketing segments, offering potential for investment.

Read more at Yahoo Finance: TD Securities Raises Suncor Energy (SU) PT to C$63 Following Strong Q2 Performance