Seeking Alpha

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

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.
From other sites
Comments (2)
  • rhiannion
    , contributor
    Comments (610) | Send Message
     
    Wells Fargo did so well on the Facebook entre' that they can comment on anything else being on 'downgraded to market perform'; if they can't back the company they are getting paid to perform for but of course they made money shorting or maybe have the unaccounted stocks. So of course they can downgrade Devon, where are all the unaccounted Facebook stocks? Just wondering.
    22 May 2012, 06:21 PM Reply Like
  • PalmDesertRat
    , contributor
    Comments (3463) | Send Message
     
    bot some dvn this a.m. at 60.55
    25 May 2012, 09:53 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs