Market Currents
Pessimism is too high and the share price is too low for Devon Energy (DVN), whose sound...
-
Monday, April 23, 2012, 9:27 AM ETPessimism is too high and the share price is too low for Devon Energy (DVN), whose sound strategy, strong balance sheet and shrewd JVs should pay off, Barron's writes. Nearly two-thirds of its recent output was depressed natural gas, so DVN shares haven't gained as much as some of its peers. Analysts' have an average target price of $92 on the shares, ~40% above their recent level.
Other date
Latest Energy & Materials Articles
