Check Out What Whales Are Doing With COP
Portfolio Pulse from Benzinga Insights
A financial giant has made a bearish move on ConocoPhillips (NYSE:COP), with 70% of traders showing bearish tendencies. The whales have been targeting a price range from $110.0 to $120.0 for ConocoPhillips over the last 3 months. The price of COP is down -1.74% at $116.41. Susquehanna keeps a Positive rating on ConocoPhillips with a target price of $152.
November 07, 2023 | 4:45 pm
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NEGATIVE IMPACT
Bearish move by a financial giant and 70% of traders on ConocoPhillips. The stock price is down -1.74% at $116.41. However, Susquehanna maintains a Positive rating with a target price of $152.
The bearish move by a financial giant and majority of traders indicates a potential short-term downward pressure on the stock price. However, the positive rating and higher target price by Susquehanna suggest a potential long-term upward trend.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100