UBS Maintains Neutral on Devon Energy, Lowers Price Target to $47
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Devon Energy (NYSE:DVN) and lowers the price target from $53 to $47.
September 18, 2024 | 2:17 pm
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UBS analyst Josh Silverstein has maintained a Neutral rating on Devon Energy and reduced the price target from $53 to $47, indicating a less optimistic outlook.
The reduction in price target from $53 to $47 by UBS suggests a less optimistic view on Devon Energy's short-term performance, which could lead to a negative impact on the stock price.
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