TD Securities analyst Aaron Bilkoski downgraded Nuvista Energy (NUVSF) to Sell from Buy with an C$18.31 price target citing the deal with Ovintiv (OVV).
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NUVSF:
- NuVista–Ovintiv Deal Wins Final Canadian Approval, Closing Imminent
- Ovintiv’s acquisition of Nuvista Energy receives Investment Canada Act approval
- Nuvista Energy price target raised to C$18.50 from C$18 at Scotiabank
- Proxy Advisors Back NuVista’s Ovintiv Deal as Best Path for Shareholders
- Proxy Advisers Back NuVista’s Sale to Ovintiv, Citing Premium Valuation and Flexibility