Mizuho Maintains Neutral on ConocoPhillips, Raises Price Target to $139
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on ConocoPhillips (NYSE:COP) and raises the price target from $135 to $139.
September 18, 2023 | 2:13 pm
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POSITIVE IMPACT
Mizuho maintains a Neutral rating on ConocoPhillips and raises the price target from $135 to $139, indicating a potential upside.
The raised price target by Mizuho indicates a potential upside for ConocoPhillips. However, the Neutral rating suggests that the stock is expected to perform in line with the market or sector in the next 12 months, which means the impact on the stock price might not be significant in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100