Citigroup Maintains Buy on Devon Energy, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Buy rating on Devon Energy (DVN) and raises the price target from $52 to $55.
March 18, 2024 | 1:17 pm
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Citigroup maintains a Buy rating on Devon Energy and raises the price target from $52 to $55.
The upgrade in price target by a reputable analyst like Scott Gruber from Citigroup suggests a positive outlook on Devon Energy's stock, likely leading to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100