Wall Street just gave Devon Energy investors a big surprise

Devon Energy (DVN) is getting some shocking information from Wall Street. In the middle of a global oil shock tied to the escalating Iran war, the entire narrative seems to be shifting. The latest catalyst is coming in the shape of a couple of very excellent analyst upgrades. Raymond Jamesraised its price target on Devon to $62 from $52, maintaining an outperform rating. TD Cowenalso lifted its target to $50 from $46 while keeping a hold rating. What that means is that the analysts are expecting even mor ...