Piper Sandler Increases ConocoPhillips (NYSE:COP) Price Target to $154.00

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Piper Sandler has raised its price target for ConocoPhillips (NYSE:COP) to $154.00 from $111.00, maintaining an “overweight” rating. This new target suggests a potential upside of 27.93% from the current share price. The move comes despite ConocoPhillips missing last quarter’s earnings and revenue estimates, and significant insider selling over the past 90 days.

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