This Is What Whales Are Betting On ConocoPhillips
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bullish stance on ConocoPhillips (NYSE:COP), with 58% of investors opening trades with bullish expectations and 41% with bearish. The whales have been targeting a price range from $115.0 to $125.0 for ConocoPhillips over the last 3 months. The current price of COP is $117.35, up 0.05%. Analysts from Mizuho, Wells Fargo, RBC Capital, UBS, and Truist Securities have maintained their ratings on ConocoPhillips, with price targets ranging from $130 to $151.
August 21, 2023 | 7:30 pm
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Bullish stance taken by a significant investor on ConocoPhillips. Analysts maintain their ratings with price targets ranging from $130 to $151.
The bullish stance taken by a significant investor and the maintained ratings from analysts indicate a positive outlook for ConocoPhillips. This could potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100