B of A Securities Reinstates Neutral on Ovintiv, Announces $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Noah Hungness has reinstated a Neutral rating on Ovintiv (NYSE:OVV) and announced a price target of $55.
June 14, 2024 | 3:53 pm
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NEUTRAL IMPACT
B of A Securities analyst Noah Hungness has reinstated a Neutral rating on Ovintiv (NYSE:OVV) and set a price target of $55.
The Neutral rating suggests that the analyst does not expect significant short-term movement in the stock price. The $55 price target provides a benchmark for investors but does not indicate a strong buy or sell signal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100