JPMorgan Reinstates DVN Overweight With $62 Target After Coterra Merger Closes
JPMorgan set a $62 price target on Devon Energy after reinstating Overweight coverage, citing valuation appeal as the Coterra merger reshapes the combined company.
Devon Energy Corporation (NYSE: DVN) is an energy company, listed on the NYSE. Alpha Stocks Insight has published 2 articles on DVN since June 10, 2026, most recently "Raymond James Cuts Devon Energy (DVN) Price Target to $66, Keeps Strong Buy" on Monday, June 15, 2026. Coverage to date spans Energy, tracking DVN's earnings, analyst activity, and material corporate events. New coverage is added each trading day.
Raymond James lowered its DVN price target from $72 to $66, but held its Strong Buy rating. Here is what the revised call means for investors.
JPMorgan set a $62 price target on Devon Energy after reinstating Overweight coverage, citing valuation appeal as the Coterra merger reshapes the combined company.
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Important Legal Disclaimer: This is for informational purposes only and is not financial, investment, or tax advice. Past performance is no guarantee of future results. We are not licensed advisors. For Swiss residents: This does not constitute a public offer under FINSA. For EU residents: Not MiFID II compliant advice. For US residents: Not SEC-registered advice. Always consult a qualified professional. Investing involves risk of loss.