Goldman Sachs added Devon Energy (DVN) to Conviction Buy List

September 5, 2008 10:46 AM EDT

Goldman Sachs added Devon Energy (NYSE: DVN) to Conviction Buy list. The firm maintained their Buy rating, but cut their price target from $190 to $160.

Devon Energy Corporation and its subsidiaries primarily engage in oil and gas exploration, development, and production; the transportation of oil, gas, and natural gas liquids; and the processing of natural gas.


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DVN 26.23

-28.85 -52.38%
Volume: 438,240
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Devon Energy
J OBrien on Sep 6, 2008 09:45 AM

Price target is exactly right for, DVN and could go much higher.


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