Mizuho Maintains Neutral on ConocoPhillips, Raises Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on ConocoPhillips (NYSE:COP) and raises the price target from $129 to $132.
November 01, 2024 | 6:02 pm
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NEUTRAL IMPACT
Mizuho analyst Nitin Kumar maintains a Neutral rating on ConocoPhillips and raises the price target from $129 to $132.
The Neutral rating suggests no strong buy or sell recommendation, indicating a stable outlook. The slight increase in the price target from $129 to $132 reflects a modestly positive view on the stock's potential, but not enough to change the overall rating. This suggests limited short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100