Information Provided By:
Fly News Breaks for January 14, 2020
Jan 14, 2020 | 07:02 EDT
Susquehanna analyst Biju Perincheril initiated coverage of ConocoPhillips with a Positive rating and $80 price target.
News For COP From the Last 2 Days
Oct 29, 2020 | 09:25 EDT
Scotiabank analyst Paul Cheng last night downgraded Concho Resources (CXO) to Sector Perform from Outperform with a price target of $43, down from $70, to reflect the pending merger agreement with ConocoPhillips (COP). The probability of a third-party higher bidder has been "significantly reduced" following the merger announcement between Pioneer Natural Resources (PXD) and Parsley Energy (PE).