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Goldman Sachs initiated Buy ratings on Devon Energy amid global market sell-offs and hawkish Fed commentary.

1 report, 1 independent Updated Jun 24

AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.

What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

Devon Energy Goldman Sachs FED

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The entities involved

Devon Energy
company

Nothing else this week.
Goldman Sachs
American investment bank
- US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
- Goldman Sachs, Morgan Stanley, JPMorgan Chase, and Bank of America are competing in the global investment banking sector.Mon 17:24
FED
business
- Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
- BEA reported PCE price index data while Trump argued for lower borrowing costs amid oil price spikes from the Iran war.Mon 16:13

Related events

Devon Energy received analyst ratings and targets while an insider sale was disclosed in SEC filings.Jun 15
Amid the Middle East conflict driving oil prices above $95/barrel, market analysts are providing buy ratings and price targets for companies like Devon Energy and Expand Energy.Sep 3
Goldman Sachs maintains Buy ratings on semiconductor stocks, including Nvidia and Broadcom.Fri 18:33

Coverage

Newest first; wire copies grouped

Jun 24yahoo.com