Analysts Optimistic on Devon Energy’s (DVN) 2026 Production Outlook

Devon Energy Corporation (NYSE:DVN) is one of the 10 cheapest oil and gas stocks to invest in. On January 7, Betty Jiang of Barclays maintained her Hold rating on the stock and continued to see a $40 price target for the shares. Her price target implies an additional 12% upside from the current levels. Prior to that, Bernstein presented a similar stance. The research firm maintained its Buy rating on the stock on January 7 while lowering its price target from$ 48 to $42. This price target revision came fro ...