CVE Cenovus Energy Inc. Feb 20 2026 TD Maintained Buy, BMO Maintained Outperform

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TD Securities and BMO Capital have both maintained their positive ratings for Cenovus Energy Inc. (CVE) as of February 20, 2026, while concurrently raising their price targets to C$35. TD affirmed its “Buy” rating and BMO its “Outperform” rating, indicating continued analyst confidence in the company’s prospects. This decision, reflecting improved cash flow or commodity upside expectations, led to modest intraday share price increases for CVE.

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