Devon Energy (DVN) Valuation Update - Apr 5

[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