Devon Energy's Price Target Lifted to $50 by TD Cowen: Here's Why
ByAinvest
Wednesday, Mar 25, 2026 3:17 pm ET1min read
DVN--
TD Cowen raised Devon Energy's (DVN) price target to $50 from $46, citing updated exploration and production models. Barclays also lifted the target to $54 from $52, reiterating an Overweight rating, due to increased oil price estimates and underappreciated cash flow benefits. Devon Energy operates in the Delaware Basin, Eagle Ford, and other oil and natural gas properties.
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