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Fly News Breaks for January 23, 2017
CVE
Jan 23, 2017 | 05:39 EDT
Goldman Sachs analyst Neil Mehta upgraded double downgraded Cenovus Energy to Sell from Buy and cut his price target for the shares to $13 from $18. The analyst expects lower free cash flow generation than peers and thinks Cenovus is less likely to meaningfully grow the dividend or buybacks.