Citigroup Maintains Buy on ConocoPhillips, Lowers Price Target to $140
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Alastair Syme has maintained a 'Buy' rating on ConocoPhillips (NYSE:COP) but lowered the price target from $145 to $140.
July 12, 2023 | 11:19 am
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Citigroup has maintained a 'Buy' rating on ConocoPhillips but lowered the price target from $145 to $140.
The news is directly about ConocoPhillips and is likely to influence investor sentiment. While the 'Buy' rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook, potentially leading to mixed reactions in the market.
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IMPORTANCE 80
RELEVANCE 100