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Fly News Breaks for August 23, 2016
DVN
Aug 23, 2016 | 07:54 EDT
Argus analyst Bill Selesky,increased his price target on Devon after the company reported higher than expected Q2 EPS. The analyst continues to believe that the company's liquids production is underappreciated by investors, while its valuation is attractive. He keeps a Buy rating on the shares.
News For DVN From the Last 2 Days
DVN
Apr 22, 2024 | 09:32 EDT
Truist analyst Neal Dingmann raised the firm's price target on Devon Energy to $69 from $66 and keeps a Buy rating on the shares. The company's upcoming earnings release should see "no surprises" as its drilling and completion costs in key operating areas remain "efficient", the analyst tells investors in a research note. Truist adds that Devon's overall capital efficiency could return this year to levels last seen in 2021-2022 after cumulative average production fell sequentially in the Delaware and Bakken the past two years.
