Devon Energy (DVN) News Today

Devon Energy Corporation (NYSE:DVN) has seen mixed analyst activity over the past day, with several firms raising price targets and one cutting earnings estimates. Upgrades from BMO Capital Markets and Morgan Stanley have provided upward momentum, while a Q3 EPS revision by Zacks Research introduces some headwinds. Below is a breakdown of the key developments:

• Positive Sentiment: BMO Capital Markets lifted its price target on Devon Energy from $48.00 to $51.00 and maintained an “outperform” rating, implying significant upside potential. Devon Energy (NYSE:DVN) Stock Price Expected to Rise, BMO Capital Markets Analyst Says
• Positive Sentiment: Morgan Stanley reiterated its “overweight” rating and raised the price target on DVN from $44.00 to $46.00, reflecting a 42.7% upside from recent levels. Morgan Stanley Issues Positive Forecast for Devon Energy (NYSE:DVN) Stock Price
• Neutral Sentiment: Jefferies Financial Group raised its price target on Devon Energy from $31.00 to $33.00 but kept a “hold” rating, signaling modest upside. Devon Energy (NYSE:DVN) Given New $33.00 Price Target at Jefferies Financial Group
• Neutral Sentiment: An analysis piece explores whether systematic investment strategies could bolster Devon Energy’s long-term growth trajectory. Can Systematic Investment Strengthen Devon Energy's Growth Trajectory?
• Neutral Sentiment: Analysts shared their Q3 earnings expectations for DVN, providing a range of forecasts ahead of the release. Analysts Offer Predictions for Devon Energy Q3 Earnings
• Negative Sentiment: Zacks Research lowered its Q3 2026 EPS estimate for Devon Energy from $0.96 to $0.93 and trimmed full-year forecasts, reflecting a more conservative earnings outlook. Q3 EPS Estimates for Devon Energy Lowered by Zacks Research