Mizuho Maintains Buy on Devon Energy, Raises Price Target to $62
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Buy rating on Devon Energy (NYSE:DVN) and raises the price target from $60 to $62.
September 18, 2023 | 2:20 pm
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POSITIVE IMPACT
Mizuho maintains a Buy rating on Devon Energy and raises the price target from $60 to $62, which could lead to a positive market reaction.
The raised price target by Mizuho indicates a positive outlook for Devon Energy. This could lead to increased investor confidence and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100