Morgan Stanley Maintains Overweight on Cenovus Energy, Raises Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Benny Wong has maintained an Overweight rating on Cenovus Energy (NYSE:CVE) and increased the price target from $28 to $30.
March 28, 2024 | 6:42 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Morgan Stanley has maintained an Overweight rating on Cenovus Energy and raised the price target from $28 to $30.
The upgrade in the price target by a reputable analyst like Morgan Stanley suggests a positive outlook on the stock, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100