Devon Energy Unusual Options Activity For September 14
Portfolio Pulse from Benzinga Insights
Unusual options activity has been observed for Devon Energy (NYSE:DVN), with a large position indicating a bullish stance. The sentiment among these big-money traders is split between 66% bullish and 33% bearish. The whales have been targeting a price range from $30.0 to $85.0 for Devon Energy over the last 3 months. The current price of DVN is up 0.33% at $50.33. Analysts from Stifel, UBS, Mizuho, and Wells Fargo have maintained their ratings on Devon Energy with price targets of $79, $55, $60, and $51 respectively.
September 14, 2023 | 6:46 pm
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Devon Energy has seen unusual options activity, indicating a bullish stance by big-money traders. Analysts have maintained their ratings, suggesting a stable outlook.
The unusual options activity, particularly the bullish stance taken by big-money traders, suggests a positive sentiment towards Devon Energy. This, combined with the maintained ratings from analysts, indicates a potentially positive short-term impact on the stock.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100