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Stock impact report

ConocoPhillips (COP) Downgraded at JPMorgan [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
ConocoPhillips (NYSE:COP) is one of the world's largest independent E&P companies based on oil and natural gas production and proved reserves. On January 20, JPMorgan analyst Arun Jayaram downgraded ConocoPhillips (NYSE:COP) from ‘Overweight' to ‘Neutral', while keeping the firm's price target on the stock unchanged at $98. The downgrade comes as JPM revised its ratings in the integrated oils sector as part of its 2026 outlook. The analyst thinks COP trades at a premium FCF/EV yields compared to its Big Oil peers in 2026-27, but still views the energy giant as a long-term core holding primarily due to its portfolio strength, inventory durability, and shareholder-friendly cash return framework. Similarly, on January 16, BofA also downgraded ConocoPhillips (NYSE:COP) from ‘Neutral' to ‘Underperform', while assigning the stock a price target of $102. The analyst highlighted that the company's oil breakeven point of $53 per barrel and free cash flow yield of 4.4% are ‘uncompetitive' Show less Read more
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