Wolfe Research increased Devon Energy's target price to $65, maintaining an "outperform" rating, following the company's strong quarterly earnings. Analysts have a "Moderate Buy" rating, with an average target of $51.39.

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2026-04-18 19:14:20

Abstract generation in progress

Wolfe Research raised its target price for Devon Energy (NYSE:DVN) to $65 from $64, maintaining an “outperform” rating and implying a 30.84% upside. This positive forecast comes after Devon Energy beat quarterly earnings expectations with an EPS of $0.82 and revenue of $4.12 billion. The company has a consensus “Moderate Buy” rating from analysts with an average price target of $51.39.

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Wolfe Research Issues Positive Forecast for Devon Energy (NYSE:DVN) Stock Price

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