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Devon Energy Corporation (DVN) [hlAlert]

Rating:
Sell DVN
down 12.92 %

Devon Energy Corporation (DVN) downgraded to Sell with price target $37 by UBS

Posted on: Tuesday,  Dec 8, 2015  2:25 PM ET by UBS

UBS rated Sell Devon Energy Corporation (NYSE: DVN) on 12/08/2015, when the stock price was $35.51. Since
then, Devon Energy Corporation has gained 14.84% as of 01/26/2016's recent price of $40.78.
If you would have followed this UBS's recommendation on DVN, you would have lost 12.92% of your investment in 49 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.

UBS is the leading global wealth manager, a top tier investment banking and securities firm, and one of the largest global asset managers. In Switzerland, UBS is the market leader in retail and commercial banking. With headquarters in Zurich and Basel, Switzerland, UBS operates in over 50 countries and from all major international centers. UBS employs more than 80,000 people.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
12/8/2015 2:25 PM Sell
None
35.51 37.00
as of 8/27/2015
1 Week   
1 Month   
3 Months   
1 YTD   
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
2/18/2015 2:25 PM Hold
None
64.11 70.00
11/21/2013 2:25 PM Hold
None
62.85 68.00
11/8/2012 11:25 AM Hold
None
54.09 60.00
9/8/2011 10:25 AM Buy
None
66.88 85.00
2/7/2011 8:25 AM Hold
None
86.98 89.00
11/4/2010 8:25 AM Buy
None
69.65 85.00
5/6/2010 11:25 AM Buy
None
68.01 80.00

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