Devon Energy shares rise 1.48% premarket after Wolfe Research raised its price target to $51.
ByAinvest
Thursday, Aug 7, 2025 5:23 am ET1min read
DVN--
Devon Energy Corporation rose 1.48% in premarket trading. The company's stock price increase can be attributed to Wolfe Research adjusting its price target for Devon Energy to $51, indicating a positive outlook on the company's future performance. Additionally, Devon Energy reported a swing to Q2 net income and revenue rise, further supporting the bullish sentiment.
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