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Devon Energy Corporation (DVN) [hlAlert]

Rating:
Outperform
DVN
down 43.39 %

Devon Energy Corporation (DVN) rated Outperform by Wells Fargo

Posted on: Tuesday,  Nov 17, 2009  8:25 AM ET by Wells Fargo

Wells Fargo rated Outperform Devon Energy Corporation (NYSE: DVN) on 11/17/2009, when the stock price was $72.04. Since
then, Devon Energy Corporation has lost 43.39% as of 01/26/2016's recent price of $40.78.
If you would have followed this Wells Fargo's recommendation on DVN, you would have lost 43.39% of your investment in 2261 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.

The investment research content is provided by Wells Capital Management, a registered investment adviser and wholly owned subsidiary of Wells Fargo Bank, N.A. Our economists’ expertise on domestic markets, and national and global trends, is an important resource to the firm. Wells Capital Management economists are known for their thoughts on investment strategy, macro-economic forecasts and other top-down analysis, and share their views on bonds, midcaps and liquidity management in their publications.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
11/17/2009 8:25 AM Buy
None
72.04
as of 12/31/2009
1 Week up  14.36 %
1 Month up  23.99 %
3 Months up  15.92 %
1 YTD up  15.92 %

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