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Stock impact report

Barclays Lifts PT on Devon Energy Corporation (DVN) to $54 From $52 – Here's Why [Yahoo! Finance]

Devon Energy Corporation (DVN) 
Last devon energy corporation earnings: 2/18 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Devon Energy Corporation (NYSE: DVN ) is one of the most undervalued energy stocks to buy now . On March 13, Barclays lifted the price target on Devon Energy Corporation (NYSE:DVN) to $54 from $52 while reiterating an Overweight rating on the shares. The firm told investors in a research note that it raised its 2026 oil price estimates on the Iran war, and believes that the cash flow tailwinds are still underappreciated for the exploration and production group. Barclays further stated that although the oil spike is not likely to last for long, the market is underappreciating the cash flow benefit and the “durable benefit” it will have on the group's capacity to lift cash returns beyond the conflict. Scotiabank Lowers Devon Energy (DVN) Price Target, Sees Balanced Risk-Reward Outlook In another development, Piper Sandler lifted the price target on Devon Energy Corporation (NYSE:DVN) to $67 from $59 on March 12, keeping an Overweight rating on the shares and citing its increased pr Show less Read more
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