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Stock impact report

ConocoPhillips (COP) Gets PT Hike from UBS as Oil Price Forecasts Rise [Yahoo! Finance]

ConocoPhillips (COP) 
Last conocophillips earnings: 4/30 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
ConocoPhillips (NYSE: COP ) is included among the 13 Best Defensive Dividend Stocks for 2025 ConocoPhillips (COP) Gets PT Hike from UBS as Oil Price Forecasts Rise On March 5, UBS raised its price recommendation on ConocoPhillips (NYSE:COP) to $144 from $130. It reiterated a Buy rating on the shares. The firm said it continues to view the energy sector as offering an attractive risk/reward profile. The higher target reflects a change in the firm's oil price outlook. UBS increased its 2026 oil price assumptions by $10 per barrel, now expecting $68 WTI and $72 Brent. The analyst also pointed to a modest expansion in valuation multiples tied to geopolitical risk. In a research note, the firm said markets may be underestimating the potential for a prolonged conflict in the Middle East and possible disruptions to Qatar's gas supply. Those risks could push oil and natural gas prices higher. If that scenario plays out, UBS believes companies that produce both oil and gas could see the Show less Read more
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