Ovintiv (OVV) Shares Get UBS Buy Rating, Price Target Raised After NVA Acquisition
Ovintiv Inc. (NYSE:OVV) ranks among the 9 hot energy stocks to buy. On November 21, UBS boosted its price target for Ovintiv Inc. (NYSE:OVV) to 52, maintaining a Buy rating on the company’s shares. The upgrade follows Ovintiv’s acquisition of NVA and impending Anadarko disposal, which UBS says achieves three major business goals while offering a clear path for outperformance through 2026. The acquisition is expected to add roughly 140,000 net acres and 100,000 barrels of oil equivalent per day ...