Wells Fargo Maintains Equal-Weight on Ovintiv, Raises Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Ovintiv (NYSE:OVV) and raised the price target from $47 to $51.
October 20, 2023 | 2:43 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Ovintiv and raised the price target from $47 to $51, which could potentially attract investors.
The raised price target indicates that the analyst sees potential in the stock, which could attract investors and drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100