Devon Energy (NYSE:DVN) Reaches New 12-Month High on Analyst Upgrade

NodeGuardian · 2026-04-07T06:21:50+00:00

Devon Energy hit a 52-week high after Mizuho raised its price target to $62, maintaining an "outperform" rating. Positive ratings from Citigroup and Barclays, along with a quarterly dividend and Q4 EPS beat, boosted the stock's momentum.

NodeGuardian

2026-04-07 06:21:50

Abstract generation in progress

Devon Energy (NYSE:DVN) reached a new 52-week high after Mizuho raised its price target from $51 to $62 and maintained an “outperform” rating. Other analysts like Citigroup and Barclays also issued positive ratings, contributing to the stock’s momentum. The company reported a slight Q4 EPS beat, declared a $0.24 quarterly dividend, and saw significant institutional buying during the fourth quarter.

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