Devon Energy (DVN -1.2%) slips after being downgraded to Market Perform at Wells Fargo earlier...

|About: Devon Energy Corporation (DVN)|By:, SA News Editor

Devon Energy (DVN -1.2%) slips after being downgraded to Market Perform at Wells Fargo earlier today. Wells says the company lacks a niche within the large-cap space and are likely to underperform over the next few quarters. The firm lowers its target range to $65 - $71 from $74 - $80.