Siebert Williams Shank & Co Reaffirms Their Buy Rating on Devon Energy (DVN)

In a report released today, Gabriele Sorbara from Siebert Williams Shank & Co maintained a Buy rating on Devon Energy, with a price target of $60.00.

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According to TipRanks, Sorbara is a 4-star analyst with an average return of 6.7% and a 54.67% success rate. Sorbara covers the Energy sector, focusing on stocks such as Devon Energy, Comstock Resources, and Matador Resources.

Devon Energy has an analyst consensus of Strong Buy, with a price target consensus of $59.05.

Based on Devon Energy’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $3.81 billion and a net profit of $120 million. In comparison, last year the company earned a revenue of $4.45 billion and had a net profit of $494 million

Based on the recent corporate insider activity of 61 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DVN in relation to earlier this year. Most recently, in June 2026, Alexander Andrea, the SVP & CHIEF ADMIN OFFICER of DVN sold 18,000.00 shares for a total of $841,320.00.