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Devon Energy price target raised to $50 from $42 at Roth Capital

Tipranks - Fri Feb 20, 7:32AM CST

Roth Capital analyst Nick Pope raised the firm’s price target on Devon Energy (DVN) to $50 from $42 and keeps a Buy rating on the shares. The company reported a solid Q4 with strong oil production led by the Delaware Basin asset, the analyst tells investors in a research note.

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