RBC Capital Reiterates Sector Perform on Devon Energy, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold reiterates a 'Sector Perform' rating on Devon Energy (DVN) and maintains a $55 price target.

March 07, 2024 | 2:06 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Devon Energy maintains a 'Sector Perform' rating and a $55 price target from RBC Capital.
The reiteration of the 'Sector Perform' rating and maintenance of the $55 price target by RBC Capital suggests a neutral outlook on Devon Energy's stock in the short term. This analysis is based on the assumption that the analyst's views are well-regarded in the market, but since there's no change in the rating or price target, the immediate impact on the stock price is likely to be minimal.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 90