Truist Securities Maintains Buy on ConocoPhillips, Raises Price Target to $151
Portfolio Pulse from jenniferd'souza@benzinga.com
Truist Securities analyst Neal Dingmann has maintained a 'Buy' rating on ConocoPhillips (NYSE:COP) and raised the price target from $148 to $151.
August 04, 2023 | 3:57 pm
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POSITIVE IMPACT
ConocoPhillips' price target has been raised from $148 to $151 by Truist Securities, which maintains a 'Buy' rating on the stock.
The raised price target and maintained 'Buy' rating by Truist Securities indicates a positive outlook for ConocoPhillips. This could potentially lead to an increase in the stock's price in the short term as it signals the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100