Wells Fargo Maintains Equal-Weight on Ovintiv, Lowers Price Target to $52
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Ovintiv (NYSE:OVV) but lowers the price target from $54 to $52.
July 22, 2024 | 1:28 pm
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Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Ovintiv but lowers the price target from $54 to $52.
The lowered price target from $54 to $52 by Wells Fargo suggests a slightly less optimistic outlook for Ovintiv, which could lead to a short-term negative impact on the stock price.
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