Evercore ISI Group Maintains In-Line on Devon Energy, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'In-Line' rating for Devon Energy but has lowered its price target from $55 to $50.
September 30, 2024 | 5:29 pm
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
Evercore ISI Group has maintained an 'In-Line' rating for Devon Energy but has lowered its price target from $55 to $50, indicating a more cautious outlook.
The lowering of the price target from $55 to $50 by Evercore ISI Group suggests a more cautious outlook on Devon Energy's stock performance. This could lead to a negative short-term impact on the stock price as investors may adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100