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ConocoPhillips price target lowered to $118 from $122 at Barclays

Barclays lowered the firm’s price target on ConocoPhillips (COP) to $118 from $122 and keeps an Overweight rating on the shares. The firm previewed the Q3 reports for the oil and exploration and production space, modestly cutting its 2026 price target on a mark to market.

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