Argus Research Sticks to Its Buy Rating for Devon Energy (DVN)
Argus Research analyst Bill Selesky maintained a Buy rating on Devon Energy, with shares closing at $35.82. The analyst consensus suggests a Moderate Buy with a $43.06 average price target, indicating a 20.21% upside. Morgan Stanley also maintained a Buy rating with a $47.00 target. Selesky has a 6.3% average return and a 57.99% success rate on recommended stocks.
Argus Research analyst Bill Selesky maintained a Buy rating on Devon Energy yesterday. The company’s shares closed yesterday at $35.82.
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Selesky covers the Energy sector, focusing on stocks such as Devon Energy, Kinder Morgan, and Oneok. According to TipRanks, Selesky has an average return of 6.3% and a 57.99% success rate on recommended stocks.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Devon Energy with a $43.06 average price target, a 20.21% upside from current levels. In a report released on November 20, Morgan Stanley also maintained a Buy rating on the stock with a $47.00 price target.
