Stifel Maintains Buy on Devon Energy, Raises Price Target to $79
Portfolio Pulse from richadhand@benzinga.com
Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Devon Energy (NYSE:DVN) and raised the price target from $77 to $79.
August 25, 2023 | 1:25 pm
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POSITIVE IMPACT
Stifel analyst Derrick Whitfield has maintained a 'Buy' rating on Devon Energy and raised the price target from $77 to $79. This could potentially lead to an increase in the stock's price.
The 'Buy' rating maintained by Stifel indicates a positive outlook for Devon Energy. The increase in the price target from $77 to $79 suggests that the analyst believes the stock has potential for further growth. This could lead to increased investor interest and a potential rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100