Cenovus Energy Stock Climbs Before Q1 Results as CIBC Puts MEG Deal in Focus
Cenovus Energy Inc. shares climbed Monday, gaining 2.9% to C$40.96 in Toronto by just after 3 p.m. EDT. CIBC Capital Markets reiterated its outperformer rating on the Calgary-based oil producer and refiner, sticking with a C$46 price target as first-quarter results approach this week.
