UBS Maintains Buy on ConocoPhillips, Lowers Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on ConocoPhillips (NYSE:COP) but lowers the price target from $159 to $151.

August 06, 2024 | 3:37 pm
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UBS analyst Josh Silverstein maintains a Buy rating on ConocoPhillips but lowers the price target from $159 to $151.
The maintained Buy rating suggests continued confidence in ConocoPhillips' performance, but the lowered price target indicates a more cautious 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 70
RELEVANCE 100