Piper Sandler Maintains Overweight on Devon Energy, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Mark Lear maintains an Overweight rating on Devon Energy but lowers the price target from $57 to $56.
October 15, 2024 | 12:39 pm
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Piper Sandler maintains an Overweight rating on Devon Energy but slightly lowers the price target from $57 to $56, indicating a positive outlook with a minor adjustment.
The Overweight rating suggests a positive outlook for Devon Energy, but the slight reduction in the price target indicates a minor adjustment in expectations. This could lead to a neutral short-term impact on the stock price as the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100