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ConocoPhillips price target raised to $108 from $107 at Roth Capital

Roth Capital analyst Leo Mariani raised the firm’s price target on ConocoPhillips (COP) to $108 from $107 and keeps a Buy rating on the shares. The company announced another $1B of cost reductions and margin enhancements by the end of 2026 with the Q2 report, the analyst tells investors in a research note.

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