Mizuho Reduces PT on ConocoPhillips (COP) Stock
ConocoPhillips (NYSE:COP) is one of the Most Promising Energy Stocks According to Wall Street Analysts. On September 15, Mizuho reduced the price target on the company’s stock to 125, while keeping an “Outperform” rating, as reported by The Fly. The firm adjusted ratings in the broader integrated oil space post updating the commodity price outlook and valuations. It expects a positive skew in gas prices over the upcoming 12 months. Notably, the firm has a relative preference for the large-cap, g ...