CIBC Maintains Outperformer on Cenovus Energy, Lowers Price Target to C$32
Portfolio Pulse from Benzinga Newsdesk
CIBC analyst Jon Morrison maintains an Outperformer rating on Cenovus Energy but lowers the price target from C$35 to C$32.
October 18, 2024 | 4:00 pm
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NEUTRAL IMPACT
CIBC analyst Jon Morrison maintains an Outperformer rating on Cenovus Energy but lowers the price target from C$35 to C$32.
The Outperformer rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100