Wolfe Research Upgrades ConocoPhillips to Outperform, Announces $120 Price Target
Portfolio Pulse from richadhand@benzinga.com
Wolfe Research analyst Sam Margolin has upgraded ConocoPhillips (NYSE:COP) from Peer Perform to Outperform and announced a $120 price target.
July 07, 2023 | 9:58 am
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POSITIVE IMPACT
ConocoPhillips has been upgraded to Outperform from Peer Perform by Wolfe Research, with a new price target of $120.
The upgrade from Wolfe Research is a positive signal for ConocoPhillips. The new price target of $120 suggests a significant upside potential from the current price. This could lead to increased investor interest and potentially a rise in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100