Devon Energy (DVN) News Today

Devon Energy Corporation (NYSE:DVN) has seen several analyst updates and market signals in the past 24 hours that may be driving today’s share movement. Key developments include:

• Positive Sentiment: Scotiabank raised its price objective on Devon Energy from $35.00 to $40.00 and assigned a “sector outperform” rating, implying roughly 17.7% upside. Devon Energy Stock Price Expected to Rise
• Positive Sentiment: UBS Group lifted its Devon Energy price target from $35.00 to $37.00, signaling about 8.9% upside even as it maintains a “neutral” rating. Devon Energy Price Target Raised to $37.00
• Positive Sentiment: Analysts’ consensus target for Devon Energy sits at $43.50 per share, according to American Banking & Market News, suggesting notable upside potential. Devon Energy Receives $43.50 Average Price Target
• Positive Sentiment: Unusually high volumes of call options traded on DVN indicate bullish positioning by some investors. High Volume of Call Options on Devon Energy
• Neutral Sentiment: Devon Energy has been one of the most-searched tickers on Zacks.com, reflecting heightened investor interest but not yet clear directional bias. Investors Heavily Search DVN
• Negative Sentiment: Zacks Research slightly trimmed its FY2025 EPS estimate for Devon Energy from $3.83 to $3.82, marking a minor downgrade to earnings expectations. Analysts Issue Forecasts for FY2025 Earnings
• Negative Sentiment: In the latest session, Devon Energy shares dipped about 1.85%, underperforming the broader market’s gains. DVN Stock Dips While Market Gains