Barclays Initiates Coverage On ConocoPhillips with Overweight Rating, Announces Price Target of $158
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang initiates coverage on ConocoPhillips (NYSE:COP) with an Overweight rating and a price target of $158.
April 10, 2024 | 1:32 pm
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Barclays initiated coverage on ConocoPhillips with an Overweight rating and set a price target of $158.
The initiation of coverage by Barclays with an Overweight rating and a high price target suggests a strong bullish outlook on ConocoPhillips. This is likely to positively influence investor sentiment and potentially increase the stock's price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100