Evercore ISI Group Upgrades Ovintiv to Outperform, Maintains Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has upgraded Ovintiv (NYSE:OVV) from In-Line to Outperform, maintaining the price target at $60.
June 14, 2024 | 12:21 pm
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POSITIVE IMPACT
Evercore ISI Group has upgraded Ovintiv from In-Line to Outperform, maintaining the price target at $60. This upgrade could positively influence investor sentiment and potentially drive the stock price higher in the short term.
The upgrade from a reputable analyst group like Evercore ISI is likely to boost investor confidence in Ovintiv, potentially leading to an increase in the stock price. Maintaining the price target at $60 suggests that the analyst sees continued value in the stock at its current levels.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100