The Globe and Mail reports in its Friday, Nov. 28, edition that CIBC analyst Dennis Fong raised his share targets for Ovintiv to $55 (U.S.) from $50 (U.S.), with an unchanged "neutral" rating, and Suncor Energy to $70 (Canadian) from $65 (Canadian), with an "outperformer" rating. The Globe's David Leeder writes that analysts on average target Ovintiv and Suncor shares at $50.63 (U.S.) and $64.79 (Canadian). Mr. Fong says in a note, :"Q3/25 earnings highlighted production growth quarter-over-quarter as planned maintenance was concluded in Q2 and major projects showed ramp-up. Cost discipline remains a key focus, and higher production combined with downstream performance to drive beats vs. consensus and our estimates. In Q4/25, we expect general oil price pessimism to remain the predominant macro theme, as OPEC+ increases physical volumes but has announced a pause starting in 2026. Our preferences remain slated toward integrated exposure, as downstream margins continue to demonstrate resilience in a volatile commodity price environment and low-cost producers. Positive rate-of-change in free cash flow generation and increasing allocation of capital to shareholders remain the predominant themes in the market."