Wells Fargo Maintains Overweight on Devon Energy, Lowers Price Target to $64
Wells Fargo analyst Sam Margolin maintains Devon Energy (NYSE:DVN) with a Overweight and lowers the price target from $65 to $64.
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Why It Matters
A big bank analyst still likes Devon Energy but thinks it might be worth slightly less. This tells you the analyst believes in the company long term even if the price shifts a little.
This read is generated by AI from raw market data and is for education only. It is not financial advice, not a signal, and not a recommendation to buy or sell.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only. Not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.