Mizuho Maintains Buy on Ovintiv, Lowers Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on Ovintiv (NYSE:OVV) and lowers the price target from $66 to $62.

May 19, 2023 | 10:57 am
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Mizuho analyst Nitin Kumar maintains a Buy rating on Ovintiv and lowers the price target from $66 to $62.
The news of Mizuho maintaining a Buy rating on Ovintiv is positive for the stock, but the lowering of the price target from $66 to $62 may have a neutralizing effect on the stock price in the short term. The analyst's opinion is important for investors, but the reduced price target may cause some uncertainty.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100