BMO Capital Maintains Outperform on ConocoPhillips, Raises Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
BMO Capital has maintained its 'Outperform' rating on ConocoPhillips and raised the price target from $123 to $125, indicating a positive outlook for the company's stock.
October 04, 2024 | 5:06 pm
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BMO Capital has reaffirmed its 'Outperform' rating for ConocoPhillips and increased the price target from $123 to $125, suggesting confidence in the company's future performance.
The increase in price target from $123 to $125 by BMO Capital, along with the maintained 'Outperform' rating, indicates a positive sentiment from analysts towards ConocoPhillips. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100