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Analysts Conflicted on These Utilities Names: Devon Energy (DVN), HF Sinclair Corporation (DINO) and Spire (SR)

Analysts have been eager to weigh in on the Utilities sector with new ratings on Devon Energy (Research Report).

Devon Energy (DVN)

In a report issued on August 9, Vincent Lovaglio from Mizuho Securities maintained a Buy rating on Devon Energy, with a price target of $88.00. The company’s shares closed last Wednesday at $60.05.

According to 35.5% and a 72.2% success rate. Lovaglio covers the Utilities sector, focusing on stocks such as Continental Resources, Occidental Petroleum, and Southwestern Energy.

Devon Energy has an analyst consensus of Moderate Buy, with a price target consensus of $81.76, a 37.4% upside from current levels. In a report issued on August 2, Piper Sandler also maintained a Buy rating on the stock with a $94.00 price target.

See the top stocks recommended by analysts >>

HF Sinclair Corporation (DINO)

Mizuho Securities analyst Silvio Micheloto maintained a Hold rating on HF Sinclair Corporation on August 8 and set a price target of $40.00. The company’s shares closed last Wednesday at $49.82.

According to 47.0% and a 93.2% success rate. Micheloto covers the Utilities sector, focusing on stocks such as Marathon Petroleum, Delek US Holdings, and Valero Energy.

Currently, the analyst consensus on HF Sinclair Corporation is a Moderate Buy with an average price target of $56.22.

Spire (SR)

In a report issued on August 9, Gabe Moreen from Mizuho Securities reiterated a Hold rating on Spire, with a price target of $77.00. The company’s shares closed last Wednesday at $74.66.

According to 4.9% and a 68.0% success rate. Moreen covers the Industrial Goods sector, focusing on stocks such as Dcp Midstream Partners, Plains All American, and Magellan Midstream.

Spire has an analyst consensus of Hold, with a price target consensus of $74.67, implying a -0.3% downside from current levels. In a report issued on July 25, J.P. Morgan also maintained a Hold rating on the stock with a $72.00 price target.

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