Reported 2 days ago
Raymond James has increased the price target for ConocoPhillips (COP) from $109 to $117 while maintaining an 'Outperform' rating. The firm is optimistic despite macro uncertainties as oil prices recover, highlighting ConocoPhillips' strong balance sheet and capital allocation strategy. The company is positioned for long-term growth with its diverse portfolio and investments in Alaska and LNG.
Source: YAHOO