Devon Energy Unusual Options Activity For September 05
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been observed for Devon Energy (NYSE:DVN), with a majority of investors taking a bullish stance. The trades range from $40.0 to $65.0 for Devon Energy over the last 3 months. The price of DVN is up 1.49% at $53.71. Analysts from Wells Fargo, Piper Sandler, Stifel, UBS, and Mizuho have maintained their ratings on Devon Energy, with price targets ranging from $51 to $79.
September 05, 2023 | 7:16 pm
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Devon Energy has seen significant unusual options activity, with a majority of investors bullish. The stock price is up 1.49% at $53.71. Analysts have maintained their ratings, with price targets ranging from $51 to $79.
The unusual options activity, majority of which is bullish, indicates a positive sentiment among investors. This, coupled with the maintained ratings from analysts, suggests a potential upward movement for Devon Energy's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100