Check Out What Whales Are Doing With COP
Portfolio Pulse from Benzinga Insights
A significant bullish stance has been taken on ConocoPhillips (NYSE:COP) by a large investor or institution, as evidenced by unusual options activity. The sentiment among these big-money traders is split between 54% bullish and 45% bearish. Over the last three months, the price target for ConocoPhillips has been between $100.0 and $180.0. The company's stock price is currently up 0.67% at $109.48. Analysts have mixed views, with Wolfe Research and Citigroup maintaining a bullish stance, while Morgan Stanley and Mizuho have a more neutral outlook.
July 19, 2023 | 8:46 pm
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ConocoPhillips has seen significant options activity, indicating a bullish stance by a large investor. The stock price is currently up, and analysts have mixed views.
The unusual options activity indicates that a large investor or institution is taking a bullish stance on ConocoPhillips. This could potentially drive the stock price up in the short term. However, the mixed views from analysts suggest that there may be some uncertainty surrounding the company's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100