RBC Capital Maintains Outperform on Cenovus Energy, Raises Price Target to C$32
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy maintains an Outperform rating on Cenovus Energy (TSX:CVE) and raises the price target from C$30 to C$32.
November 03, 2023 | 5:19 pm
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POSITIVE IMPACT
RBC Capital maintains an Outperform rating on Cenovus Energy and raises the price target, which could lead to a positive market reaction.
The raised price target by RBC Capital indicates a positive outlook for Cenovus Energy. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100