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Devon Energy Corporation (DVN) [hlAlert]

Rating:
Overweight
DVN
down 52.44 %

Devon Energy Corporation (DVN) rated Overweight with price target $133 by Lehman Brothers

Posted on: Thursday,  Aug 7, 2008  11:25 AM ET by Lehman Brothers

Lehman Brothers rated Overweight Devon Energy Corporation (NYSE: DVN) on 08/07/2008. Previously Lehman Brothers rated Buy Devon Energy Corporation (NYSE: DVN) on
10/09/2007., when the stock price was $85.75. Since then, Devon Energy Corporation has lost 52.44% as of 01/26/2016's recent price of $40.78.
If you would have followed the previous Lehman Brothers's recommendation on DVN, you would have lost 52.44% of your investment in 3031 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.

Lehman Brothers Holdings Inc. has filed for bankruptcy protection in the U.S.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/7/2008 11:25 AM Buy
None
93.94 133.00
as of 12/24/2008
1 Week up  0.40 %
1 Month up  5.58 %
3 Months down  -15.32 %
1 YTD down  -49.58 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
4/29/2008 8:25 AM Buy
None
116.31 128.00
3/18/2008 8:25 AM Buy
None
103.47 115.00
12/17/2007 12:25 PM Buy
None
86.90 106.00
11/8/2007 11:25 AM Buy
None
91.06 102.00
10/9/2007 11:25 AM Buy
None
85.75 99.00

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