Smart Money Is Betting Big In DVN Options
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing significant interest in Devon Energy (NYSE:DVN) options, with a notable increase in both call and put activities. The sentiment is slightly bullish, with 54% of the trades being calls. Analysts have maintained positive ratings with target prices ranging from $57 to $67.
May 29, 2024 | 7:16 pm
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Devon Energy has seen a surge in options activity, with a slight bullish sentiment. Analysts have maintained positive ratings with target prices ranging from $57 to $67.
The significant increase in options activity, particularly the higher number of call options, indicates a bullish sentiment among investors. Additionally, analysts have maintained positive ratings with high target prices, further supporting a potential upward movement in DVN's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100