Wells Fargo has reaffirmed its ‘Overweight’ rating for Devon Energy (DVN) and increased its price target from $43.00 to $51.00, an 18.60% rise. This upgrade follows several other positive analyst updates for DVN in recent months. The stock’s average target price from 27 analysts is $48.45, implying a 9.40% upside from its current price, with a consensus “Outperform” recommendation.
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Wells Fargo Raises Price Target for Devon Energy (DVN) to $51
Wells Fargo has reaffirmed its ‘Overweight’ rating for Devon Energy (DVN) and increased its price target from $43.00 to $51.00, an 18.60% rise. This upgrade follows several other positive analyst updates for DVN in recent months. The stock’s average target price from 27 analysts is $48.45, implying a 9.40% upside from its current price, with a consensus “Outperform” recommendation.