RBC Capital Reiterates Outperform on Cenovus Energy, Maintains C$28 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Greg Pardy has reiterated an Outperform rating on Cenovus Energy, maintaining a price target of C$28. The company is listed on the Toronto Stock Exchange under the symbol TSX:CVE.
January 26, 2024 | 2:37 pm
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RBC Capital analyst Greg Pardy reaffirmed an Outperform rating on Cenovus Energy with a price target of C$28, indicating a positive outlook for the stock.
The reiteration of an Outperform rating by a major analyst like RBC Capital suggests a bullish outlook on the stock, which could lead to increased investor confidence and potential upward movement in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100