<div id="readability-page-1"><p><span>Devon Energy (NYSE:DVN - Get Free Report)</span> had its price objective increased by analysts at Siebert Williams Shank  from $46.00 to $50.00 in a research note issued on Monday,MarketScreener reports. The firm currently has a &#34;buy&#34; rating on the energy company's stock. Siebert Williams Shank's price target points to a potential upside of 29.90% from the stock's current price.</p><ul><li>3 Dividend Stocks Offering Higher Yields and Bullish Forecasts</li></ul><p>A number of other research analysts have also recently weighed in on the stock. Evercore ISI boosted their price objective on shares of Devon Energy from $34.00 to $37.00 and gave the company an &#34;in-line&#34; rating in a research report on Monday, October 6th. JPMorgan Chase &amp; Co. dropped their price target on shares of Devon Energy from $44.00 to $41.00 and set an &#34;overweight&#34; rating for the company in a research note on Thursday, January 15th. Susquehanna upped their price target on shares of Devon Energy from $40.00 to $42.00 and gave the company a &#34;positive&#34; rating in a report on Wednesday, November 12th. Morgan Stanley decreased their price objective on shares of Devon Energy from $48.00 to $46.00 and set an &#34;overweight&#34; rating for the company in a research note on Friday. Finally, Citigroup boosted their target price on Devon Energy from $43.00 to $44.00 and gave the company a &#34;buy&#34; rating in a research report on Wednesday, December 17th. Two investment analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, seven have issued  a Hold rating and one  has assigned  a Sell rating to the company. According to data from MarketBeat.com, the company  has an average rating of &#34;Moderate Buy&#34; and an average target price of $44.45.</p><p><b>View Our Latest Report on Devon Energy</b></p><h2>Devon Energy Price Performance</h2><ul><li>Energy Sector Shines in 2025: 2 Stocks Leading the Charge</li></ul><p>Shares of NYSE:DVN traded down $0.15 during trading on Monday, hitting $38.49. 875,104 shares of the company's stock were exchanged, compared to its average volume of 9,795,493. The business's 50-day simple moving average is $36.57 and its 200 day simple moving average is $34.81. The company has a market cap of $24.15 billion, a price-to-earnings ratio of 9.08, a PEG ratio of 3.50 and a beta of 0.60. Devon Energy has a 52-week low of $25.89 and a 52-week high of $39.38. The company has a debt-to-equity ratio of 0.48, a current ratio of 0.96 and a quick ratio of 0.87. </p><p>Devon Energy (NYSE:DVN - Get Free Report) last announced its quarterly earnings results on Wednesday, November 5th. The energy company reported $1.04 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.93 by $0.11. The company had revenue of $0.00 million for the quarter, compared to the consensus estimate of $4.10 billion. Devon Energy had a net margin of 15.56% and a return on equity of 18.14%. During the same period in the previous year, the firm posted $1.10 EPS.  As a group, equities analysts predict that  Devon Energy will post 4.85 EPS for the current year. </p><h2>Institutional Inflows and Outflows</h2><ul><li>3 Dividend Stocks at Bargain Levels to Defend Your Portfolio</li></ul><p>Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Caldwell Trust Co bought a new stake in shares of  Devon Energy in the 2nd quarter valued at about $25,000.  PFS Partners LLC bought a new position in  Devon Energy in the third quarter worth approximately $25,000.  First Horizon Corp purchased a new stake in  Devon Energy during the third quarter worth $26,000.  Accredited Wealth Management LLC lifted its holdings in  Devon Energy by 61.6% during the third quarter. Accredited Wealth Management LLC now owns 808 shares of the energy company's stock worth $28,000 after buying an additional 308 shares during the period.  Finally, Ameriflex Group Inc. boosted its position in  Devon Energy by 702.0% during the 3rd quarter. Ameriflex Group Inc. now owns 802 shares of the energy company's stock valued at $28,000 after acquiring an additional 702 shares in the last quarter. 69.72% of the stock is currently owned by institutional investors. </p><h2>About Devon Energy</h2> (Get Free Report)<p>Devon Energy Corporation <span>NYSE: DVN<span></span></span> is an independent oil and gas exploration and production company headquartered in Oklahoma City, Oklahoma. The company focuses on the exploration, development, production and marketing of hydrocarbons, including crude oil, natural gas liquids (NGLs) and natural gas. Devon operates as an upstream energy company that acquires, evaluates and develops onshore resource plays using a combination of drilling, completion and production optimization techniques.  </p><p>Core business activities include identifying and developing energy reserves, operating well programs and managing reservoir performance to generate production and cash flow.</p><h2>See Also</h2><ul><li>Five stocks we like better than Devon Energy</li><li>What Expenses Can Be Deducted From Capital Gains Tax?</li><li>Refund From 1933: Trump’s Reset May Create Instant Wealth</li><li>Buy This Stock at 9:30 AM on MONDAY!</li><li>A U.S. “birthright” claim worth trillions - activated quietly</li><li>Trump just signed it</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURWTg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="330" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsAndPriceTargetChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPURWTg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Devon Energy Right Now?</h2><p>Before you consider Devon Energy, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Devon Energy wasn't on the list.</p><p>While Devon Energy currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Siebert Williams Shank has raised its price target for Devon Energy (NYSE:DVN) from $46.00 to $50.00, maintaining a "buy" rating. This suggests a potential upside of 29.90% from the current price. Other analysts have also adjusted their targets, with an average rating of "Moderate Buy" and a target price of $44.45. Devon Energy's stock recently traded at $38.49, with a market cap of $24.15 billion. The company reported $1.04 EPS for the last quarter, exceeding estimates, and has a strong institutional ownership of 69.72%.</p>

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Devon Energy (NYSE:DVN) Stock Price Expected to Rise, Siebert Williams Shank Analyst Says