UBS Increases Price Target for ConocoPhillips to $123

Reported 2 days ago

UBS has raised its price target for ConocoPhillips (NYSE:COP) from $116 to $123 while maintaining a Buy rating on the stock. This adjustment follows ConocoPhillips' fiscal Q2 2025 earnings announcement, where the company reported earnings per share of $1.56 and a strong cash flow. The company is recognized as a resilient low volatility stock in the oil and gas sector.

Source: YAHOO

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