UBS Group Raises Devon Energy (NYSE:DVN) Price Target to $55.00

NodeGuardian · 2026-03-13T23:29:19+00:00

UBS Group has upgraded Devon Energy's price target to $55, maintaining a "buy" rating, suggesting a 24% upside. The article discusses recent mergers, analyst sentiment, and stock performance, alongside mixed outlooks from institutional investors.

NodeGuardian

2026-03-13 23:29:19

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UBS Group has raised its price target for Devon Energy (NYSE:DVN) to $55.00 from $50.00, maintaining a “buy” rating and implying a potential upside of approximately 24% from its previous close. This revision follows Devon Energy’s all-stock merger with Coterra and generally positive analyst sentiment, with a consensus “Moderate Buy” rating and an average price target of $47.85 among analysts. The article also details recent institutional investor activity, stock performance metrics, and key headlines impacting Devon Energy, including some positive outlooks and some negative sentiment from Zacks Research due to EPS estimate cuts.

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