Analysts Offer Insights on Energy Companies: DT Midstream (DTM) and Cenovus Energy (CVE)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on DT Midstream (DTM – Research Report) and Cenovus Energy (CVE – Research Report) with bullish sentiments.
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DT Midstream (DTM)
In a report released today, Julien Dumoulin Smith from Jefferies maintained a Buy rating on DT Midstream, with a price target of $148.00. The company’s shares closed last Thursday at $132.33.
According to TipRanks.com, Smith is a 5-star analyst with an average return of
Currently, the analyst consensus on DT Midstream is a Moderate Buy with an average price target of $132.29.
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Cenovus Energy (CVE)
TD Cowen analyst Menno Hulshof maintained a Buy rating on Cenovus Energy yesterday and set a price target of C$35.00. The company’s shares closed last Thursday at $23.13.
Hulshof has an average return of
According to TipRanks.com, Hulshof is ranked #3031 out of 12109 analysts.
Cenovus Energy has an analyst consensus of Strong Buy, with a price target consensus of $21.91, a -3.6% downside from current levels. In a report issued on February 18, RBC Capital also maintained a Buy rating on the stock with a C$31.00 price target.
