TSX:CVE - Post Discussion
Post by
retiredcf on Feb 16, 2024 7:55am
Desjardins
In response to “constructive” fourth-quarter results, Desjardins Securities’ Chris MacCulloch raised his Cenovus Energy Inc. ) target to $28 from $27.50 with a “buy” rating. The average is $29.94.
“The update was favourably received by the market after several months of disappointing performance vs peers and we expect the positive momentum to continue through the March 5 investor day presentation in Toronto, where CVE is expected to provide additional colour on planned growth and optimization projects over the next five years,” he said.
Be the first to comment on this post