---
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.

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