The Globe and Mail reports in its Tuesday, Jan. 16, edition that Stifel analyst Cody Kwong continues to rate NuVista Energy "buy." The Globe's David Leeder writes in the Eye On Equities column that Mr. Kwong jacked his share target ahead by a loonie to $16. Analysts on average target the shares at $16.18. Mr. Kwong says in a note: "The latest update out of NuVista was wholly positive as the company's base operations clearly firing on all cylinders with 4Q23 production volumes 3 per cent ahead of the street and the midpoint of company guidance for the period. While anticipated capital investment was meaningfully higher than expected, we were pleasantly surprised this overspend was entirely due to the purchase of 15.5 sections of high quality Montney acreage that is contiguous with its existing position in South Wapiti. With increases to both our production and cash flow projections ahead, we are increasing our target." The Globe reported on Jan. 13, 2023, that Mr. Kwong continued to rate NuVista "buy." The shares could then be had for $8.27. The Globe reported on June 17, 2022, Oct. 13, 2023, and Jan. 11, 2024, that National Bank rated NuVista "sector perform." The shares were then worth $10.90, $12.95 and $10.81.