Goldman Sachs Resumes Devon Energy (DVN) at Neutral
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Price: $52.57 +0.84%
Rating Summary:
33 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
Rating Summary:
33 Buy, 15 Hold, 0 Sell
Rating Trend: = Flat
Today's Overall Ratings:
Up: 16 | Down: 11 | New: 13
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Goldman Sachs resumes coverage on Devon Energy (NYSE: DVN) with a Neutral rating and a price target of $75, suggesting 21% upside.
Analyst Brian Singer noted they have incorporated the recent acquisition of GeoSouthern Energy’s Eagle Ford Shale assets and the merger of DVN’s midstream assets with those of Crosstex. Updated FY14/FY15/FY16E EPS are $5.27/$5.52/$7.69.
For an analyst ratings summary and ratings history on Devon Energy click here. For more ratings news on Devon Energy click here.
Shares of Devon Energy closed at $62.80 yesterday.
Analyst Brian Singer noted they have incorporated the recent acquisition of GeoSouthern Energy’s Eagle Ford Shale assets and the merger of DVN’s midstream assets with those of Crosstex. Updated FY14/FY15/FY16E EPS are $5.27/$5.52/$7.69.
For an analyst ratings summary and ratings history on Devon Energy click here. For more ratings news on Devon Energy click here.
Shares of Devon Energy closed at $62.80 yesterday.
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