Information Provided By: 
Fly News Breaks for August 16, 2016
DVN
Aug 16, 2016 | 07:33 EDT
BofA/Merrill analysts led by Doug Leggate added Devon Energy to the US 1 List citing unique leverage to an oil recovery following the commodity team's view that oil risks an outsize recovery over the next 12 months. The analyst said Devon is one of the lowest discounted valuation to oil prices that supports relative outperformance over the next twelve months. Leggate rates Devon a Buy and raised its price target to $60 from $56.
News For DVN From the Last 2 Days
