Cenovus Energy (CVE +2.6%) bucks a JP Morgan downgrade to trade higher with the rest of its...

|About: Cenovus Energy, Inc. (CVE)|By:, SA News Editor

Cenovus Energy (CVE +2.6%) bucks a JP Morgan downgrade to trade higher with the rest of its peers as crude continues to rack up gains today. The firm cut the driller to neutral on valuation, saying it has less downside protection if oil prices decline.