Susquehanna Maintains Positive on Devon Energy, Raises Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Devon Energy (DVN) and raises the price target from $52 to $65.
April 22, 2024 | 11:41 am
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POSITIVE IMPACT
Susquehanna maintains a Positive rating on Devon Energy and increases the price target to $65.
The upgrade in price target by a reputable analyst like Biju Perincheril from Susquehanna is a strong positive signal for investors, indicating a bullish outlook on Devon Energy's stock. This could lead to increased investor confidence and potential short-term price appreciation.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100