Devon Energy Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Devon Energy (NYSE:DVN), with a large position indicating a bullish stance. The sentiment among these big-money traders is 77% bullish and 22% bearish. The targeted price range for Devon Energy over the last 3 months is $35.0 to $60.0. The current price of DVN is up 0.63% at $47.62. Analysts from Mizuho, Piper Sandler, and Goldman Sachs have given buy ratings with price targets of $65, $71, and $58 respectively.
June 28, 2023 | 5:04 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Devon Energy has seen unusual options activity, with a large bullish position. Analysts have given buy ratings with price targets ranging from $58 to $71.
The unusual options activity, particularly the large bullish position, indicates that there may be significant movement in the price of Devon Energy's stock in the near future. This is further supported by the buy ratings and price targets given by analysts, which suggest a positive outlook for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100