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Cenovus Energy price target raised to $36 from $32 at Goldman Sachs

Goldman Sachs raised the firm’s price target on Cenovus Energy (CVE) to $36 from $32 and keeps a Buy rating on the shares. The firm continues to expect a volume and free cash flow inflection as West White Rose comes online, with further upside from Christina Lake North and higher commodity prices, the analyst tells investors in a research note.

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