Goldman Sachs analysts added ConocoPhillips (COP) to the firm’s US Conviction List as part of its monthly update. The firm believes the company is “on the cusp” of a positive free cash flow inflection over the next three years as it transitions from a period of heavy project investment. Goldman has a Buy rating on the shares with a $125 price target
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COP:
- Best ETFs to Invest In, According to AI Analyst, 2/27/2026
- OPEC+ expected to resume output hikes, WSJ reports
- Airbnb, COP, Albemarle, Tempus, Upstart Trending With Analysts
- ConocoPhillips (COP) Weighs Sales of Permian Assets to Streamline Portfolio
- ConocoPhillips exploring sale of $2B in Permian Basin assets, Bloomberg says