Calvalley Petroleum Price Target Lowered to $2.50 at Scotiabank (CVI.A)

Investment analysts at Scotiabank dropped their target price on shares of Calvalley Petroleum (TSE: CVI.A) Calvalley Petroleum Inc. (Calvalley) is an international oil and gas company. The Company is focused on exploration and development of Block 9 in the Republic of Yemen and exploration of the Metema Block in Ethiopia.