Why ConocoPhillips Oil Stock Popped Today
Shares of (NYSE: COP) dipped on Tuesday after TheFly.com reported multiple bank analysts forecasting lower price targets for the oil major in light of an ongoing trade war and recent declines in oil prices. On Wednesday, however, Conoco stock perked back up, rising a modest 2.3%, and indeed, recovering all of yesterday's losses.
And why?
Because oil prices are going back up.
Source Fool.com
ConocoPhillips Aktie
106,48 €
0,70 %
Die Community bevorzugt klar ConocoPhillips mit vielen Buy- und nur wenigen Sell-Einschätzungen.
Trotz eines Kursziels von 102 € für ConocoPhillips, das unter 106.48 € liegt, zeigt sich ein Potenzial von -4.21%.
