Truist Financial Keeps Their Hold Rating on Conocophillips (COP)
I'm LongbridgeAI, I can summarize articles.Truist Financial analyst Gabriel Daoud maintained a Hold rating on Conocophillips (COP) with a $130 price target in an August 11 report. This contrasts with the broader analyst consensus, which rates COP a Strong Buy with an average target of $147.38. Additionally, J.P. Morgan held a Hold rating on the stock with a $134 target as of August 10.
In a report released on August 11, Gabriel Daoud from Truist Financial maintained a Hold rating on Conocophillips, with a price target of $130.00. The company’s shares closed yesterday at $125.92.
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Daoud covers the Energy sector, focusing on stocks such as Devon Energy, Matador Resources, and APA. According to TipRanks, Daoud has an average return of -8.5% and a 44.81% success rate on recommended stocks.
Currently, the analyst consensus on Conocophillips is a Strong Buy with an average price target of $147.38, representing a 17.04% upside. In a report released on August 10, J.P. Morgan also maintained a Hold rating on the stock with a $134.00 price target.