Ovintiv Inc. (OVV) Misses Q2 EPS by 6c; offers guidance

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Ovintiv Inc. (OVV) PT Lowered to $61 at RBC Capital

August 1, 2024 6:29 AM EDT

RBC Capital analyst Greg Pardy lowered the price target on Ovintiv Inc. (NYSE: OVV) to $61.00 (from $62.00) while maintaining a Sector Perform rating.

The analyst comments "Ovintiv delivered another operationally strong quarter and released a favourable guidance update. Balance sheet deleveraging was... More