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flag Dumont & Blake cuts stake in Devon Energy, yet the firm's stock gains analyst support with a $49.45 target.

flag Investment firm Dumont & Blake reduced its stake in Devon Energy by 13%, while other firms have increased their holdings. flag The company's recent earnings report showed a beat with $1.10 EPS and $4.02 billion in revenue. flag Analysts predict $4.70 EPS for the year, and the stock has an average "Moderate Buy" rating with a $49.45 target price. flag Devon Energy, founded in 1971 and based in Oklahoma City, specializes in oil, natural gas, and natural gas liquids production across the U.S.

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