Piper Sandler Maintains Overweight on ConocoPhillips, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on ConocoPhillips (NYSE:COP) but lowers the price target from $149 to $125.

June 13, 2023 | 4:35 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Piper Sandler maintains an Overweight rating on ConocoPhillips (NYSE:COP) but lowers the price target from $149 to $125.
The news of Piper Sandler maintaining an Overweight rating on ConocoPhillips indicates a positive outlook for the company. However, the lowering of the price target from $149 to $125 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100