UPDATE: Guggenheim Securities Reiterates on Devon Energy Corp. Following Announcement of Agreement with Crosstex Energy
October 22, 2013 at 12:10 PM EDT
In a report published Tuesday, Guggenheim Securities analyst Rob Cordray reiterated a Buy rating on Devon Energy Corp. (NYSE: DVN ), and raised the price target from $76.00 to $78.00. In the report, Guggenheim Securities noted, “Devon Energy announced yesterday the signing of definitive agreements with Crosstex Energy, L.P. and
