UBS Maintains Neutral on Devon Energy, Lowers Price Target to $54
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein has maintained a Neutral rating on Devon Energy (NYSE:DVN) and lowered the price target from $55 to $54.

October 10, 2023 | 3:56 pm
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NEUTRAL IMPACT
UBS has maintained a Neutral rating on Devon Energy and lowered the price target from $55 to $54.
The news is directly about Devon Energy. UBS's decision to maintain a Neutral rating indicates that they do not expect significant price movement in the short term. However, the lowering of the price target could potentially have a slight negative impact, as it suggests that UBS sees less upside potential than before.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100