JP Morgan Maintains Neutral on ConocoPhillips, Lowers Price Target to $141
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Phil Gresh has maintained a Neutral rating on ConocoPhillips (NYSE:COP) but has reduced the price target from $153 to $141.
December 08, 2023 | 4:34 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
JP Morgan has maintained a Neutral rating on ConocoPhillips and lowered the price target from $153 to $141.
The reduction in the price target by JP Morgan suggests a less optimistic outlook on ConocoPhillips' stock value, which could lead to a negative short term impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100