Devon Energy Stock Has 42% Upside, According to 1 Wall Street Firm [Yahoo! Finance]

Devon Energy Corporation (DVN)
Last devon energy corporation earnings: 2/18 04:05 pm
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US:NYSE Investor Relations:
investors.devonenergy.com/investors/events-presentations/default.aspx
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Source: Yahoo! Finance
That happened recently when Siebert Williams Shank lowered its price target on Devon Energy (NYSE: DVN) from $58 to $50 while maintaining a buy rating on the stock. The price target cut The case for lowering the price target is entirely plausible. President Donald Trump has called for lower prices, OPEC+ has agreed to raise production, there are fears of lower global growth induced by the ongoing tariff conflict, and the new administration is encouraging oil production in the U.S. Why Devon Energy stock is a buy While the bearish case for oil is valid, it's a good idea to point out two things: Oil is currently at almost $68 a barrel, traditionally an excellent level for oil and gas producers. Devon Energy management's guidance for 2025 calls for at least
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News
- Devon Energy (DVN) Advances While Market Declines: Some Information for Investors [Yahoo! Finance]Yahoo! Finance
- Devon Energy Co. (NYSE: DVN) was given a new $47.00 price target on by analysts at Morgan Stanley.MarketBeat
- Here's Why Devon Energy (DVN) is a Strong Momentum Stock [Yahoo! Finance]Yahoo! Finance
- Devon Energy Schedules First-Quarter 2025 Earnings Release and Conference CallGlobeNewswire
- Devon Energy (NYSE:DVN) delivers shareholders incredible 48% CAGR over 5 years, surging 4.5% in the last week alone [Yahoo! Finance]Yahoo! Finance
DVN
Earnings
- 2/18/25 - Miss
DVN
Sec Filings
- 3/5/25 - Form 8-K
- 2/19/25 - Form 10-K
- 2/18/25 - Form 8-K
- DVN's page on the SEC website