RBC Capital Reiterates Sector Perform on Devon Energy, Maintains $57 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Scott Hanold has reiterated a Sector Perform rating for Devon Energy, maintaining a price target of $57.
September 03, 2024 | 1:35 pm
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NEUTRAL IMPACT
RBC Capital has reiterated its Sector Perform rating for Devon Energy, maintaining a price target of $57. This suggests that the analyst expects the stock to perform in line with the sector.
The reiteration of a Sector Perform rating and maintenance of the price target indicates that RBC Capital does not foresee significant changes in Devon Energy's stock performance relative to its sector. This is a neutral signal for investors.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100