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Devon Energy Corporation (DVN) [hlAlert]

Rating:
Neutral DVN
down 45.09 %

Devon Energy Corporation (DVN) downgraded to Neutral by JP Morgan

Posted on: Thursday,  May 23, 2013  8:25 AM ET by JP Morgan

JP Morgan rated Neutral Devon Energy Corporation (NYSE: DVN) on 05/23/2013. Previously JP Morgan rated Overweight Devon Energy Corporation (NYSE: DVN) on
04/03/2008., when the stock price was $105.11. Since then, Devon Energy Corporation has lost 45.10% as of 05/23/2013's recent price of $57.71.
If you would have followed the previous JP Morgan's recommendation on DVN, you would have lost 45.09% of your investment in 1876 days.

Devon Energy Corporation is an independent energy company engaged primarily in oil and gas exploration, development and production, and in the acquisition of producing properties. Devon currently owns oil and gas properties concentrated in four operating divisions: the Northern Division; the Southern Division,; Canada; and the International Division.

JPMorgan is a leading financial services firm with one of the largest client franchises in the world. We partner with our clients to offer the most complete and innovative solutions in the industry to help them achieve their goals. For more than 200 years, we have taken a long-term approach to our clients and to the way we conduct business. Our firm has grown considerably in scale and scope, but our commitment to our core principle of doing "only first-class business... in a first-class way" has never been stronger.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/23/2013 8:25 AM Hold
None
57.71
as of 12/13/2013
1 Week   
1 Month   
3 Months   
1 YTD up  10.89 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/3/2008 8:25 AM Buy
None
105.11

(*) Stock Price at the time of the recommendation.
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