Why ConocoPhillips (NYSE:COP) Stock rose 3.87% in Last Six Months?

MKM Partners raised the price target for the ConocoPhillips (NYSE:COP) stock to ‘a Buy’. The rating was released on June 20, 2023, according to finviz. We previously noted in another research note published on June 19, 2023 by BofA Securities that upgraded the stock from a Neutral to a Buy with a price target of $134 for COP stock. The research report from BofA Securities has downgraded the stock from Buy to Neutral, with a price target set at $135. The stock was reiterated by Wells Fargo, who disclosed in a research note on February 04, 2023, to Overweight and set the price objective to $114.

Author: Peggy Goldman