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Ovintiv price target raised to $50 from $42 at Roth Capital

Roth Capital raised the firm’s price target on Ovintiv (OVV) to $50 from $42 and keeps a Neutral rating on the shares. The company reported “strong” Q4 results, with Midland Permian assets and realized pricing driving the strength, the analyst tells investors in a research note. The firm expects the focus will be on Ovintiv’s guidance for 2026, which it views positively.

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