Cenovus: Cenovus Energy price target lowered to C$27 from C$30 at Scotiabank

Scotiabank analyst Kevin Fisk lowered the firm's price target on Cenovus Energy ( CVE ) to C$27 from C$30 and keeps an Outperform rating on the shares. The firm is updating its price targets on the Canadian E&P stocks in its coverage, the analyst tells investors. The firm expects weak global oil prices to weigh on Canadian oil benchmarks in 2025 and 2026. Stay Ahead of the Market: Discover outperforming stocks and invest smarter with Top Smart Score Stocks. Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener. Published first on TheFly - the ultimate source for real-time, market-moving breaking financial news. Try Now>>