DVN Stock Recent News
DVN LATEST HEADLINES
Devon Energy (DVN) reachead $36.97 at the closing of the latest trading day, reflecting a +0.03% change compared to its last close.
Trump tariffs and the related fears of a recession ahead pushed the S&P 500 index into correction territory this month, creating quite a few buying opportunities in the process. But some of the names on the benchmark index have sold off relatively harder and are now trading at significant discounts to their historical valuations.
In the closing of the recent trading day, Devon Energy (DVN) stood at $35.37, denoting a +0.74% change from the preceding trading day.
Wall Street Analysts See a 39.02% Upside in Devon Energy (DVN): Can the Stock Really Move This High?
The consensus price target hints at a 39% upside potential for Devon Energy (DVN). While empirical research shows that this sought-after metric is hardly effective, an upward trend in earnings estimate revisions could mean that the stock will witness an upside in the near term.
Devon Energy (DVN) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
This is one of those unusual situations whereby a Wall Street firm lowers its price target on the stock, but even the lowered price target still implies a 42% upside for the stock. That happened recently when Siebert Williams Shank lowered its price target on Devon Energy (DVN 1.99%) from $58 to $50 while maintaining a buy rating on the stock.
Devon Energy (DVN) closed the most recent trading day at $35.11, moving +1.62% from the previous trading session.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
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