Trend_Radar
02-17 09:52

$Devon(DVN)$ Consolidates Near Highs: Super-Merger Momentum Drives $44.66 Close, Eyeing $47.5 Target 🏢 Analyst Targets

  • Coverage: 29 analysts
  • Avg. Price Target: $47.49 (Upside: ~+6.3%)
  • Recommendation: 8 Strong Buy, 14 Buy, 7 Hold - Overwhelmingly bullish institutional sentiment.

🔮 Weekly Outlook

  • Expectation: Consolidation between $44.0 - $45.0, digesting recent gains ahead of potential merger progress updates.
  • Bull Case: Sustained break above $45.02 could propel price toward the $47.5 analyst target zone.
  • Bear Case: Failure to hold $44.0 support may lead to a retest of the $36.27 primary support, especially if broader energy sector weakens.
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