Vincent Lovaglio, analyst at Mizuho Securities, reiterated coverage on Devon Energy (NYSE:DVN) in the Utilities sector with a Buy rating. TipRanks.com has Lovaglio rated as a 4 star analyst with a 43% return on investment and a 90% success rate. Lovaglio has set a price target of $35.00.
TipRanks.com reports that NYSE:DVN currently has 31 analysts offering 12-month price targets and the consensus is a Strong Buy rating with an average price target is $30.57. The target pricing ranges from a high forecast of $37.00 down to a low forecast of $19.00.
NYSE:DVN’s last closing price was $27.19 which would put the average price target at 12.43% upside.
In addition, TradingView issued a Buy rating for NYSE:DVN over the next month.
Remember, securities are volatile, so please do your own research on NYSE:DVN.
Other analysts covering NYSE:DVN include:
- Josh Silverstein of Raymond James issued a buy rate with the price target of $31 on May 13th
- Stephen Richardson of Evercore ISI issued a buy rate with the price target of $30 on May 12th
If you are interest in stocks like NYSE:DVN or stocks in the Utilities sector, please click here.
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