Barclays Maintains Overweight on ConocoPhillips, Raises Price Target to $160
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang maintains an Overweight rating on ConocoPhillips (NYSE:COP) and raises the price target from $158 to $160.
May 30, 2024 | 7:08 pm
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Barclays analyst Betty Jiang maintains an Overweight rating on ConocoPhillips and raises the price target from $158 to $160, indicating a positive outlook for the stock.
The maintained Overweight rating and increased price target from a reputable analyst at Barclays suggest a positive short-term impact on ConocoPhillips' stock price. Investors are likely to view this as a strong endorsement of the company's prospects.
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IMPORTANCE 80
RELEVANCE 100