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Devon Energy (DVN) Valuation Update - Apr 5

Posted: Fri Apr 05, 2024 12:56 pm
by dan_s
I have updated my forecast model for Devon Energy using my new oil & gas price deck. My stock valuation increases by $3 to $59.

DVN is trading today at $54.75.

Since March 20th five respected energy sector analysts have submitted new price targets to TipRanks. They all rate the stock a BUY.
Truist Financial 4/5/2024 $66.00
Wells Fargo 4/1/2024 $59.00
Morgan Stanley 3/28/2024 $49.00
Stifel Nicolaus 3/22/2024 $65.00
Muzuho Securities 3/20/2024 $55.00