Raymond James Maintains Strong Buy on ConocoPhillips, Lowers Price Target to $137
Portfolio Pulse from Benzinga Newsdesk
Raymond James analyst John Freeman has maintained a Strong Buy rating on ConocoPhillips (NYSE:COP) but has reduced the price target from $140 to $137.

January 24, 2024 | 7:57 pm
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ConocoPhillips maintains a Strong Buy rating from Raymond James, although the price target has been lowered from $140 to $137.
The reduction in price target is minor and the Strong Buy rating remains unchanged, suggesting continued analyst confidence in ConocoPhillips. The slight price target adjustment may not significantly impact the stock price in the short term, as the overall recommendation is still positive.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100