(Reuters) – Brokerages welcome Cenovus Energy’s C$7.9 billion ($5.72 billion) cash-and-stock deal to acquire peer MEG Energy Gerdes Energy Research raises PT on CVE by C$2 to C$32, a premium of 51.2% to stock’s closing price on Friday The deal will give “an approximate 6% improvement in oil sands capital intensity,” Gerdes said Brokerage Desjardins … Read more