Truist Securities Maintains Buy on ConocoPhillips, Lowers Price Target to $147
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on ConocoPhillips (NYSE:COP) but lowers the price target from $165 to $147.

July 22, 2024 | 3:26 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on ConocoPhillips but lowers the price target from $165 to $147.
The maintained Buy rating suggests continued confidence in ConocoPhillips' performance, but the lowered price target indicates a more conservative outlook on its short-term potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100