Analysts Offer Insights on Energy Companies: Devon Energy (DVN) and NOV (NOV)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Devon Energy (DVN) and NOV (NOV) with bullish sentiments.
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Devon Energy (DVN)
In a report released today, Nicholas Pope from Roth MKM reiterated a Buy rating on Devon Energy, with a price target of $57.00. The company’s shares closed last Tuesday at $49.48.
According to TipRanks.com, Pope is a 4-star analyst with an average return of
Devon Energy has an analyst consensus of Strong Buy, with a price target consensus of $58.53, a 19.1% upside from current levels. In a report issued on April 18, TipRanks – Anthropic also upgraded the stock to Buy with a $49.00 price target.
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NOV (NOV)
TD Cowen analyst Marc Bianchi assigned a Buy rating to NOV today and set a price target of $25.00. The company’s shares closed last Tuesday at $20.29, close to its 52-week high of $21.20.
According to TipRanks.com, Bianchi is a 4-star analyst with an average return of
The word on The Street in general, suggests a Hold analyst consensus rating for NOV with a $20.75 average price target, representing a 3.7% upside. In a report issued on April 15, Susquehanna also maintained a Buy rating on the stock with a $22.00 price target.
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