UBS Maintains Buy on Ovintiv, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Buy rating on Ovintiv (NYSE:OVV) and increased the price target from $62 to $69, indicating a positive outlook on the stock.
April 11, 2024 | 7:36 pm
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POSITIVE IMPACT
UBS analyst Josh Silverstein maintains a Buy rating on Ovintiv and raises the price target from $62 to $69.
The increase in price target by a reputable analyst like Josh Silverstein from UBS suggests a strong confidence in Ovintiv's future performance. This endorsement is likely to positively influence investor sentiment and could lead to an uptick in OVV's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100