UPDATE: Credit Suisse Downgrades Devon Energy on Negative Outlook
November 07, 2013 at 09:41 AM EST
In a report published Thursday, Credit Suisse analyst Arun Jayaram downgraded the rating on Devon Energy Corp. (NYSE: DVN ) from Outperform to Neutral, and lowered the price target from $82.00 to $74.00. In the report, Credit Suisse noted, “Our investment thesis on DVN hinged on two factors—(1) the ability
