Wells Fargo Maintains Equal-Weight on Ovintiv, Raises Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Ovintiv (NYSE:OVV) and increased the price target from $44 to $54.
March 12, 2024 | 1:57 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Wells Fargo has maintained an Equal-Weight rating on Ovintiv and raised the price target from $44 to $54.
The increase in price target by a reputable analyst like Roger Read suggests a positive outlook on Ovintiv's stock, potentially leading to increased investor confidence and a short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100