Truist Securities Maintains Buy on ConocoPhillips, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a 'Buy' rating on ConocoPhillips (NYSE:COP) and raises the price target from $151 to $160.
September 18, 2023 | 5:42 pm
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ConocoPhillips' price target has been raised from $151 to $160 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