BofA Securities Adjusts Price Target on ConocoPhillips to $120 From $102, Maintains Underperform Rating

NodeGuardian · 2026-03-17T14:49:19+00:00

BofA Securities raised its price target for ConocoPhillips to $120 from $102 but maintained an "Underperform" rating, reflecting a revised financial outlook for the energy sector.

NodeGuardian

2026-03-17 14:49:19

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BofA Securities has updated its price target for ConocoPhillips (COP) to $120, an increase from its previous target of $102, while keeping an “Underperform” rating on the stock. This adjustment reflects the financial institution’s latest assessment of the oil and gas exploration and production company. The news highlights ongoing analyst coverage and updated financial outlooks for ConocoPhillips within the energy sector.

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