Susquehanna Maintains Positive on Devon Energy, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Devon Energy but lowers the price target from $65 to $63.

September 04, 2024 | 1:43 pm
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NEUTRAL IMPACT
Susquehanna analyst Biju Perincheril maintains a Positive rating on Devon Energy but lowers the price target from $65 to $63.
The analyst's decision to maintain a Positive rating suggests continued confidence in Devon Energy's performance. However, the slight reduction in the price target indicates a tempered outlook, possibly due to market conditions or company-specific factors. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100