Cenovus Energy Inc T.CVE

Significant Upgrade

[retiredcf]

6/17/2021 National Bankshares Boost Price Target C$14.50 C$19.50

[newcoin]

Strange - just as this significant upgrade comes along, CVE loses $1.00 in the last few trading sessions? Oil is still above $70.00/barrel.

[Dogsbreakfast4U]

And I'm afraid we are going down some more today. If WTI manages to stay above $70 or even $65 this stock is a bargain. The problem is that the large institutions are not interested in oil related bargains right now. They would rather buy Tech stocks with no PE but that appreciate 100% or more annually on possible "future growth". Until CVE and the others pay a decent dividend and

[MaynardKeanes]

Enjoying the ride down! Hope to see this in the 10s soon  Too many people expecting way too much too soon give it time !! 

[TopStockBuy]

Nope...enjoying the ride up from $2.38.  How can you not get excited about that.  See you at $15 

[oilandgasmick]

The oil price/ markets are simply reacting to the Fed's statements about small planned interest rate increases (by 2023) which gives the U.S. dollar some upward momentum and accordingly a bit of downward pressure on the oil price but this is of course just a bone with no meat that the Feds have offered people. It is absurd to think that govt's can substantially increase interest rates

[TopStockBuy]

Finally...an analyst with a realistic perspective on this company.  Onward and upward