UBS raised the firm’s price target on ConocoPhillips (COP) to $123 from $116 and keeps a Buy rating on the shares. Persistent commodity headwinds continue to dampen upside potential, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COP:
- ConocoPhillips initiated with a Hold at Melius Research
- ConocoPhillips price target raised to $124 from $123 at Piper Sandler
- ConocoPhillips awards Halliburton contract to deliver well stimulation services
- ConocoPhillips Earnings Call Highlights Strong Growth
- ConocoPhillips price target raised to $123 from $119 at Morgan Stanley