Stifel Maintains Buy on Devon Energy, Lowers Price Target to $71
Portfolio Pulse from Benzinga Newsdesk
Stifel analyst Derrick Whitfield maintains a Buy rating on Devon Energy (NYSE:DVN) but lowers the price target from $75 to $71.
May 22, 2023 | 11:16 am
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Stifel maintains Buy rating on Devon Energy (NYSE:DVN) but lowers price target from $75 to $71.
The news of Stifel maintaining a Buy rating on Devon Energy is positive for the stock, but the lowering of the price target from $75 to $71 may create some uncertainty among investors. This mixed sentiment could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100