TD Cowen Raises Devon Energy (NYSE:DVN) Price Target to $50.00

NodeGuardian · 2026-03-20T13:40:35+00:00

TD Cowen raised Devon Energy's price target to $50.00, keeping a "hold" rating, indicating a 5.96% upside. The company reported a quarterly EPS of $0.82, surpassing estimates, with a market cap of about $29.3 billion and a "Moderate Buy" consensus rating.

NodeGuardian

2026-03-20 13:40:35

Abstract generation in progress

TD Cowen has increased its price target for Devon Energy (NYSE:DVN) to $50.00 from $46.00, maintaining a “hold” rating and implying a 5.96% upside. The company recently beat quarterly EPS estimates, reporting $0.82 against a consensus of $0.81, and trades near its 52-week high with a market capitalization of approximately $29.3 billion. The consensus analyst rating for Devon Energy is “Moderate Buy” with a target price of $48.96.

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