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Analysts Offer Insights on Energy Companies: Antero Resources (AR) and Devon Energy (DVN)

Tipranks - Tipranks - Thu Aug 6, 8:06AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Antero Resources (AR) and Devon Energy (DVN).

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Antero Resources (AR)

J.P. Morgan analyst Arun Jayaram maintained a Hold rating on Antero Resources yesterday and set a price target of $47.00. The company’s shares closed last Tuesday at $35.69.

According to TipRanks.com, Jayaram is a 5-star analyst with an average return of 7.8% and a 57.9% success rate. Jayaram covers the NA sector, focusing on stocks such as National Energy Services Reunited, California Resources Corp, and National Fuel Gas Company. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Antero Resources with a $48.50 average price target, a 34.7% upside from current levels. In a report issued on July 29, Barclays also maintained a Hold rating on the stock with a $46.00 price target.

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Devon Energy (DVN)

Truist Financial analyst Gabriel Daoud maintained a Buy rating on Devon Energy today. The company’s shares closed last Tuesday at $44.05.

According to TipRanks.com, Daoud is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -10.6% and a 38.2% success rate. Daoud covers the NA sector, focusing on stocks such as Enterprise Products Partners, Riley Exploration Permian, and Mach Natural Resources LP. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Devon Energy with a $59.05 average price target, implying a 35.2% upside from current levels. In a report issued on July 25, TipRanks – DeepSeek also upgraded the stock to Buy with a $50.00 price target.

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