Bernstein Maintains Outperform on ConocoPhillips, Lowers Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Bob Brackett maintains an Outperform rating on ConocoPhillips (NYSE:COP) but lowers the price target from $147 to $132.
July 17, 2024 | 5:59 pm
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Bernstein analyst Bob Brackett maintains an Outperform rating on ConocoPhillips but lowers the price target from $147 to $132.
The Outperform rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100