Devon Energy Reports First-Quarter Results

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Devon Energy (DVN) PT Raised to $64 at Credit Suisse; Scratching Head at Valuation

May 4, 2017 9:03 AM EDT

Credit Suisse raised its price target on Devon Energy (NYSE: DVN) to $64.00 (from $63.00) while maintaining a Outperform rating. Analyst Ed Westlake said the company is firing on all cylinders and is scratching his head at the valuation.

"At the... More