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Fly News Breaks for April 16, 2019
IMO, SU, CNQ, COP, CVE
Apr 16, 2019 | 06:31 EDT
Goldman Sachs analyst Neil Mehta upgraded Cenovus Energy (CVE) to Neutral from Sell and raised his price target for the shares to $11 from $7.50. The analyst cites improvements to the company's leverage outlook and a more constructive commodity price environment, particularly for Canadian heavy crude, for the upgrade. However, he stills see more upside to Buy-rated ConocoPhillips (COP), Canadian Natural Resources (CNQ), Suncor (SU) and Imperial Oil (IMO) among large cap North American oils than Cenovus.
News For CVE;COP;CNQ;SU;IMO From the Last 2 Days
SU
IMO
Apr 19, 2024 | 13:03 EDT
National Bank analyst Travis Wood raised the firm's price target on Imperial Oil to C$120 from C$90 and keeps a Sector Perform rating on the shares.
CVE
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