Truist Securities Maintains Buy on Devon Energy, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on Devon Energy (NYSE:DVN), but lowered the price target from $68 to $65.

November 09, 2023 | 9:31 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Devon Energy's price target has been lowered from $68 to $65 by Truist Securities, though the 'Buy' rating is maintained.
The news is directly about Devon Energy. The lowering of the price target might indicate a slightly less optimistic outlook for the company's stock, but the maintained 'Buy' rating suggests that the analyst still sees potential for the stock to perform well. This could have a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100