Citigroup Reiterates Buy on Devon Energy, Maintains $57 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Scott Gruber has reiterated a 'Buy' rating on Devon Energy (NYSE:DVN) and maintained a price target of $57.
July 11, 2023 | 2:14 pm
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Citigroup has reiterated a 'Buy' rating on Devon Energy and maintained a price target of $57.
The reiteration of a 'Buy' rating by Citigroup indicates a positive outlook for Devon Energy. The maintained price target of $57 suggests that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100