Mizuho Maintains Buy on Ovintiv, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a 'Buy' rating on Ovintiv (NYSE:OVV) and raises the price target from $62 to $65.
August 16, 2023 | 11:09 am
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POSITIVE IMPACT
Mizuho maintains a 'Buy' rating on Ovintiv and raises the price target from $62 to $65, which could potentially increase investor confidence and positively impact the stock price.
The raised price target by Mizuho indicates a positive outlook for Ovintiv. This could increase investor confidence in the stock, leading to potential buying pressure and a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100