Goldman Sachs Sticks With Buy Rating for Devon Energy Amid Strong Analyst Track Record
Goldman Sachs analyst Neil Mehta has reaffirmed his buy rating for Devon Energy (DVN.US), maintaining a target price of $55. This decision is based on the analyst's past performance, which shows a success rate of 60.2% and an average return of 11.5% over the past year.
The analyst's track record has been evaluated by TipRanks, which provides analysis data from financial analysts. According to this data, Mehta's ratings have resulted in a positive return for TipRanks' virtual portfolio.