Parkland Fuel Downgraded By CIBC To 'Sector Performer' On Valuation

CIBC World Markets Inc. analyst Kevin Chiang downgraded his rating on shares of Parkland Fuel Corp. (TSE:PKI) to "Sector Performer" from "Sector Outperformer" due to valuation.The brokerage maintained its $15.00 price target, which reflects a total return of 13% (including its $1.02 annual dividend), and is in-line with its "Sector Performer" rating.While PKI has improved its transparency, Chiang