Mizuho Maintains Neutral on ConocoPhillips, Raises Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on ConocoPhillips (NYSE:COP) and raises the price target from $126 to $127.

July 12, 2023 | 12:02 pm
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Mizuho maintains a Neutral rating on ConocoPhillips and raises the price target to $127.
The news directly pertains to ConocoPhillips as Mizuho maintains a Neutral rating on the company and raises the price target. This suggests that Mizuho sees potential in the company but is not overly bullish, hence the neutral score. The price target increase could lead to a slight positive sentiment among investors, but the neutral rating tempers this optimism.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100