Devon Energy (DVN) Tops Q3 EPS by 5c, Miss on Revenues

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Go back to Devon Energy (DVN) Tops Q3 EPS by 5c, Miss on Revenues

Devon Energy (DVN) PT Raised to $45 at Jefferies; Reiterates Buy

November 2, 2017 9:26 AM EDT

Jefferies raised its price target on Devon Energy (NYSE: DVN) to $45.00 (from $43.00) while maintaining a Buy rating. DVN has outlined an E&P budget of $2.0-$2.5 Bn for 2018, which would result in free cash flow at the current strip. The company has an eye on... More

Stephens Upgrades Devon Energy (DVN) to Overweight

November 2, 2017 6:55 AM EDT

Stephens upgraded Devon Energy (NYSE: DVN) from Equal Weight to Overweight with a price target of $53.00 (from $48.00).

Analyst Ben Wyatt is positive on the company noting gains in efficiency are starting to kick in as full field development draws near. The analyst believes the... More