Wells Fargo Maintains Equal-Weight on Devon Energy, Lowers Price Target to $51
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Equal-Weight rating on Devon Energy (NYSE:DVN) and lowered the price target from $52 to $51.
September 01, 2023 | 1:10 pm
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Wells Fargo has maintained an Equal-Weight rating on Devon Energy and lowered the price target from $52 to $51.
The lowering of the price target by Wells Fargo could potentially lead to a negative sentiment among investors, which may put downward pressure on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100