Reported 1 day ago
RBC Capital has upgraded its price target for ConocoPhillips (NYSE:COP) from $113 to $118, maintaining an 'Outperform' rating as the company is expected to exceed earnings and cash flow expectations. Analysts anticipate an EPS between $1.35-$1.40 and a cash flow of $5.2 billion, with predictions of 1%-2% organic growth and substantial capital expenditures for future return to shareholders.
Source: YAHOO