Mizuho Maintains Neutral on ConocoPhillips, Lowers Price Target to $129
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on ConocoPhillips (NYSE:COP) and lowers the price target from $132 to $129.
September 16, 2024 | 1:19 pm
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NEUTRAL IMPACT
Mizuho analyst Nitin Kumar maintains a Neutral rating on ConocoPhillips and lowers the price target from $132 to $129, indicating a slight decrease in expected valuation.
The Neutral rating suggests no strong buy or sell recommendation, and the slight decrease in the price target from $132 to $129 indicates a minor adjustment in expected valuation. This is likely to have a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100