Truist Securities Maintains Buy on ConocoPhillips, Lowers Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Buy rating on ConocoPhillips but lowered the price target from $145 to $138.
September 30, 2024 | 2:05 pm
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Truist Securities has maintained a Buy rating on ConocoPhillips but lowered the price target from $145 to $138.
The maintenance of a Buy rating suggests continued confidence in ConocoPhillips' performance, but the lowered price target indicates a slightly less optimistic outlook. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100