On Nov 07, major Wall Street analysts update their ratings for $Devon Energy (DVN.US)$, with price targets ranging from $43 to $64.
BofA Securities analyst Kalei Akamine maintains with a buy rating, and maintains the target price at $64.
Wells Fargo analyst Roger Read maintains with a buy rating, and maintains the target price at $49.
Evercore analyst Stephen Richardson maintains with a hold rating, and maintains the target price at $50.
TD Cowen analyst David Deckelbaum maintains with a hold rating, and maintains the target price at $46.
Piper Sandler analyst Mark Lear maintains with a buy rating, and maintains the target price at $56.
Furthermore, according to the comprehensive report, the opinions of $Devon Energy (DVN.US)$'s main analysts recently are as follows:
Devon Energy has been recognized for delivering robust third-quarter results and a solid outlook for the fourth quarter. Despite this, investor sentiment has remained moderate, primarily due to initial projections for 2025 and uncertainties regarding the depth of Permian inventory. It is anticipated that Devon will maintain impressive capital efficiency in 2025, with potential increases in oil volumes.
Here are the latest investment ratings and price targets for $Devon Energy (DVN.US)$ from 8 analysts:
Note:
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