Bernstein Maintains Market Perform on Devon Energy, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Bob Brackett maintains a Market Perform rating on Devon Energy (NYSE:DVN) but lowers the price target from $48 to $43.
July 17, 2024 | 6:08 pm
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Bernstein analyst Bob Brackett maintains a Market Perform rating on Devon Energy but lowers the price target from $48 to $43.
The lowered price target from $48 to $43 by Bernstein suggests a less optimistic outlook for Devon Energy's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100