Devon Energy shares are trading higher. Stifel maintained a Buy rating on the stock and raised its price target to $79.
Portfolio Pulse from Benzinga Newsdesk
Stifel has maintained a Buy rating on Devon Energy's stock and raised its price target to $79. This has resulted in Devon Energy shares trading higher.
August 25, 2023 | 7:14 pm
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POSITIVE IMPACT
Devon Energy's stock is trading higher after Stifel maintained a Buy rating and raised its price target to $79.
The Buy rating maintained by Stifel and the increase in price target to $79 indicates a positive outlook for Devon Energy. This has led to an increase in the trading price of Devon Energy's shares, suggesting a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100