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      BMO Capital Raises Price Target for Devon Energy to $60

      Devon Energy Corporation, listed on the New York Stock Exchange as DVN, has been identified as one of the top eight affordable large-cap stocks to consider for investment. This assessment comes amid a broader market analysis that includes various factors affecting the energy sector.

      On April 7, 2026, BMO Capital increased its price target for Devon Energy from $55 to $60, while maintaining an Outperform rating for the stock. This adjustment reflects updated market expectations and assumptions related to the ongoing geopolitical situation, particularly the conflict in Iran, which has implications for global energy markets.

      © 2026 KLEA News. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

      Source: KLEA News

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