Apr. 13 at 10:58 AM
$DVN Devon Energy (DVN) is Among the Best Cheap Large Cap Stocks to Buy Now. On April 7, 2026, BMO Capital raised the price target on Devon Energy Corporation (NYSE:DVN) to
$60 from
$55 and maintained an Outperform rating as part of a broader update incorporating Q1 mark-to-market assumptions tied to the Iran war. Morgan Stanley said oil, LNG, and refining margins are at their highest levels since 2022 and may not revert quickly, raising its 2026 price assumptions for WTI, NGLs, and refining margins. Truist initiated coverage on Devon Energy with a Buy rating and a
$63 price target.