Truist Securities Maintains Buy on Devon Energy, Raises Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Devon Energy (DVN) and raises the price target from $66 to $69.
April 22, 2024 | 4:34 pm
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Truist Securities reaffirms a Buy rating on Devon Energy and increases the price target to $69.
The upgrade in the price target by Truist Securities reflects a positive outlook on Devon Energy, likely due to the company's strong performance or potential in the market. This endorsement from a reputable analyst could lead to increased investor confidence in DVN, potentially driving up its stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100