From Yahoo Finance: 2025-04-11 10:32:00

CIBC analyst Dennis Fong lowers Nuvista Energy’s price target to C$18, citing OPEC+ decision to accelerate production phaseout. Concerns over supply and demand balance push oil prices lower. Firm adjusts oil price expectations in Q1 earnings preview for energy sector. Market surprised by OPEC+ decision.

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Read more: Nuvista Energy price target lowered to C$18 from C$19.50 at CIBC