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Analysts Offer Insights on Energy Companies: Devon Energy (DVN) and Gulfport Energy (GPOR)

Tipranks - Fri Jan 16, 5:36PM CST

Analysts fell to the sidelines weighing in on Devon Energy (DVNResearch Report) and Gulfport Energy (GPORResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

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Devon Energy (DVN)

In a report released yesterday, Scott Hanold from RBC Capital maintained a Hold rating on Devon Energy, with a price target of $42.00. The company’s shares closed last Thursday at $36.32.

According to TipRanks.com, Hanold is ranked #82 out of 12040 analysts.

Devon Energy has an analyst consensus of Strong Buy, with a price target consensus of $43.25, representing a 16.1% upside. In a report issued on January 7, Barclays also maintained a Hold rating on the stock with a $40.00 price target.

See the top stocks recommended by analysts >>

Gulfport Energy (GPOR)

Roth MKM analyst Nicholas Pope maintained a Hold rating on Gulfport Energy today and set a price target of $200.00. The company’s shares closed last Thursday at $177.90.

According to TipRanks.com, Pope is a 1-star analyst with an average return of -0.6% and a 41.2% success rate. Pope covers the NA sector, focusing on stocks such as Infinity Natural Resources, Inc. Class A, Riley Exploration Permian, and Evolution Petroleum. ;'>

Currently, the analyst consensus on Gulfport Energy is a Moderate Buy with an average price target of $233.33, representing a 33.2% upside. In a report issued on January 6, TipRanks – xAI also reiterated a Hold rating on the stock with a $195.00 price target.

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