--- title: "Evercore backs Amphenol and Devon with bullish outlooks" type: "News" locale: "en" url: "https://longbridge.com/en/news/289640713.md" description: "Evercore maintains a bullish outlook on Amphenol and upgrades Devon Energy. Amphenol is retained as a top pick due to its critical role in AI data center connectivity and revenue growth from acquisitions. Devon Energy was upgraded following its merger with Coterra, with Evercore projecting $600 million in synergies next year alongside disciplined capital spending. These recommendations highlight structural growth themes in AI infrastructure and energy sector consolidation." datetime: "2026-06-12T20:59:38.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/289640713.md) - [en](https://longbridge.com/en/news/289640713.md) - [zh-HK](https://longbridge.com/zh-HK/news/289640713.md) --- # Evercore backs Amphenol and Devon with bullish outlooks AI hardware bet: Evercore kept Amphenol as a top pick, citing its key role in AI data center connectivity and strong revenue growth from strategic acquisitions. Energy merger boost: Devon Energy was upgraded after its merger with Coterra, with Evercore forecasting $600 million in synergies next year and disciplined capital spending. Investor implications: Both calls reflect Evercore’s focus on structural growth themes, offering investors exposure to AI infrastructure and energy sector consolidation. ### Related Stocks - [CTRA.US](https://longbridge.com/en/quote/CTRA.US.md) - [DVN.US](https://longbridge.com/en/quote/DVN.US.md) - [APH.US](https://longbridge.com/en/quote/APH.US.md) - [EVR.US](https://longbridge.com/en/quote/EVR.US.md) ## Related News & Research - [Got $1,500? This invisible megatrend makes 1 serial compounder a clear buy right now](https://longbridge.com/en/news/289507491.md) - [Amphenol Corporation $APH Shares Sold by Mattson Financial Services LLC](https://longbridge.com/en/news/289571692.md) - [Will Devon’s Marcellus Sale and Bigger Buyback Shift Devon Energy’s (DVN) Capital Return Narrative?](https://longbridge.com/en/news/289140989.md) - [Devon Energy Corp. Stock Outperforms Competitors On Strong Trading Day](https://longbridge.com/en/news/289640124.md) - [JPMorgan Chase & Co. Reiterates Overweight Rating for Devon Energy (NYSE:DVN)](https://longbridge.com/en/news/289062263.md)