Loading...
Loading...
Jefferies is out with its report today on Devon Energy
DVN, maintaining Buy.
In a note to clients, Jefferies writes, "With its strategic repositioning complete, DVN is ramping up onshore activities (including new ventures) with a preference towards liquids projects. We continue to like DVN for its valuation ($16 below its P1 value) and increasing liquids exposure."
Jefferies maintains a $106 PT on DVN.
At the time of posting, shares of DVN were trading pre-market at $78.02, up 0.05% from Tuesday's close.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
date | ticker | name | Price Target | Upside/Downside | Recommendation | Firm |
---|
Posted In: Analyst ColorAnalyst Ratingsdevon energyEnergyJefferiesOil & Gas Exploration & Production
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in