Check Out What Whales Are Doing With DVN
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on Devon Energy (NYSE:DVN) by an unknown entity, possibly an institution or wealthy individual. This was noticed through publicly available options history. The overall sentiment of these big-money traders is split between 50% bullish and 50% bearish. The whales have been targeting a price range from $45.0 to $60.0 for Devon Energy over the last 3 months. Various financial institutions have maintained their ratings on Devon Energy, with price targets ranging from $50 to $77.

July 25, 2023 | 5:02 pm
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A significant bullish stance has been taken on Devon Energy, with a targeted price range of $45-$60 over the last 3 months. Various financial institutions have maintained their ratings on the company.
The news of a significant bullish stance being taken on Devon Energy by an unknown entity, possibly an institution or wealthy individual, is likely to have a positive impact on the company's stock in the short term. The targeted price range of $45-$60 over the last 3 months by whales also indicates a positive sentiment towards the company. Furthermore, the maintenance of ratings by various financial institutions provides additional support to the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100