1 Wall Street Analyst Thinks Devon Energy Stock Is Going to $49. Is It a Buy?
Devon Energy(DVN) The Motley Fool·2024-10-04 22:03
It's time to hedge geopolitical risk by getting exposure to oil stocks. Devon Energy (DVN 1.34%) stock has moved in line with oil prices this year. So it's no surprise that a decline in the latter has led to a sell-off in recent months. And that in turn has led to downbeat views from several Wall Street analysts. Devon Energy's price targets Analysts have been lowering price targets on Devon Energy in recent weeks, as oil prices have declined from the mid-$80s in the summer to $72. Most recently, Truist fol ...