CIBC analysts’ top picks in REITs, oil and gas

News Snapshot:

Daily roundup of research and analysis from The Globe and Mail’s market strategist Scott Barlow CIBC published a comprehensive report outlining their coverage universe and the analysts’ top picks. For energy analyst Dennis Fong, the top picks were Suncor Energy Inc. (SU-T) and Cenovus Energy Inc. (CVE-T), “Suncor Energy Inc.: Suncor has achieved more than half of its 2024-2026 target set in its 2024 Business Update, including US$7/Bbl (70 per cent of its target) of break‑even reduction and achieving its net debt target of $8B … Cenovus Energy Inc.: With projects coming online in the next six months, we expect...