Devon Energy Unusual Options Activity For October 06
Portfolio Pulse from Benzinga Insights
A significant amount of unusual options activity has been detected for Devon Energy (NYSE:DVN), with a mix of bullish and bearish stances. The trades indicate a targeted price range of $37.5 to $48.0 for Devon Energy over the next three months. The company's stock is currently up 0.4% at $43.02. Citigroup, Mizuho, and Morgan Stanley have all maintained their positive ratings on Devon Energy, with price targets of $55, $62, and $51 respectively.
October 06, 2023 | 3:31 pm
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Unusual options activity has been detected for Devon Energy, indicating a potential price range of $37.5 to $48.0 over the next three months. The company's stock is currently up 0.4% at $43.02.
The unusual options activity indicates a mix of bullish and bearish stances among investors, which could lead to volatility in the stock price. However, the positive ratings from Citigroup, Mizuho, and Morgan Stanley could provide some stability.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 100