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Stock impact report

Wednesday's analyst upgrades and downgrades [Globe and Mail, The (Toronto, Canada)]

Cenovus Energy Inc (CVE) 
Last cenovus energy inc earnings: 4/29 06:00 am Check Earnings Report
US:NYSE Investor Relations: cenovus.com/disclaimerir
increase ), saying he can justify a higher target multiple but believes “its valuation should be below the group average given lower returns with higher risk premia.” “The bank expects to generate ‘strong' earnings growth in 2026 excluding the impact of divestitures, benefiting from lower provisions for credit losses (PCLs) partially offset by a higher tax rate,” said Mr. Mihelic. “The bank suggested revenue growth, excluding the impact of divestitures, will be driven by growth in both net interest income (NII) and non-interest revenue. BNS expects higher net interest income to be driven by both loan and deposit growth and net interest margin (NIM) expansion and expects non-interest revenue to grow across all business segments. The bank also expects modest expense growth, excluding the impact of divestitures, as it expects technology spend will be partly offset by the benefit from productivity initiatives. BNS expects to generate positive operating leverage in 2026. BNS shared addi Show less Read more
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