Wells Fargo Maintains Overweight on ConocoPhillips, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on ConocoPhillips (NYSE:COP) but lowers the price target from $151 to $150.
August 02, 2024 | 6:22 pm
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NEUTRAL IMPACT
Wells Fargo analyst Roger Read maintains an Overweight rating on ConocoPhillips but lowers the price target from $151 to $150.
The Overweight rating suggests a positive outlook, but the slight reduction in the price target indicates a minor adjustment in expectations. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100