UBS Maintains Neutral on Devon Energy, Raises Price Target to $55
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Josh Silverstein has maintained a Neutral rating on Devon Energy (NYSE:DVN) and raised the price target from $53 to $55.
August 17, 2023 | 12:44 pm
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NEUTRAL IMPACT
UBS has maintained a Neutral rating on Devon Energy and raised the price target from $53 to $55.
The news is directly about Devon Energy. UBS's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the increase in price target could suggest a slightly positive outlook.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100