CIBC analyst Dennis Fong lowered the firm’s price target on Cenovus Energy to C$31 from C$32 and keeps an Outperformer rating on the shares.
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Read More on CVE:
- Cenovus Energy price target lowered to C$31 from C$33 at Scotiabank
- Cenovus Energy price target raised to C$39 from C$36 at National Bank
- Cenovus (TSE:CVE) to Face Another Quarter of Reduced Production
- Cenovus Energy provides update on Downstream operations
- Cenovus Energy put volume heavy and directionally bearish