Jefferies Maintains Buy on ConocoPhillips, Lowers Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
Jefferies analyst Lloyd Byrne maintains a Buy rating on ConocoPhillips (NYSE:COP) but lowers the price target from $143 to $141.
August 28, 2023 | 12:33 pm
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Jefferies maintains a Buy rating on ConocoPhillips but lowers the price target from $143 to $141.
The news is directly related to ConocoPhillips. While the Buy rating is maintained, the lowering of the price target might indicate a slightly less optimistic outlook for the company's stock in the short term. However, the impact is likely to be neutral as the price target is still indicating a positive outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100