Truist raised the firm’s price target on ConocoPhillips (COP) to $127 from $124 and keeps a Hold rating on the shares, updating the firm’s model ahead of the company’s Q1 results. The recent market volatility drives realizations across the portfolio higher on a sequential basis, while production impacts from the Iran war, winter weather, and Surmont royalties slightly offset the EPS and CFO uplift, the analyst tells investors in a research note.
Meet Samuel – Your Personal Investing Prophet
- Start a conversation with TipRanks’ trusted, data-backed investment intelligence
- Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on COP:
- ConocoPhillips price target raised to $157 from $154 at Piper Sandler
- XOM, CVX, COP Stocks Sink as Crude Drops Below $100 on U.S.-Iran Ceasefire — What’s Next?
- ConocoPhillips price target raised to $140 from $130 at BMO Capital
- Nebius, DocuSign, Oklo, PDD, ConocoPhillips Insider Shock
- 3 Vanguard ETFs Are Beating the S&P 500 in 2026 – Should You Buy?