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Devon Energy price target raised to $52 from $47 at Susquehanna

Susquehanna raised the firm’s price target on Devon Energy (DVN) to $52 from $47 and keeps a Positive rating on the shares. The firm said they reported 4Q results, with a beat on both production and EPS estimates and inline guidance while saying the merger with Coterra energy (CTRA) reamins on track.

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