Why ConocoPhillips Stock Dropped on Tuesday
ConocoPhillips (NYSE: COP) stock slipped 2.2% through 11:15 a.m. ET Tuesday on a double dose of "bad" news. First and most obviously, oil prices are down today, and for a company that makes its money selling oil, that's self-evidently bad news.
Second, and less obviously, Roth/MKM just downgraded ConocoPhillips stock.
Image source: Getty Images.
Source Fool.com
ConocoPhillips Aktie
106,88 €
2,37 %
Die Community unterstützt ConocoPhillips stark, mit vielen Buy- und wenigen Sell-Einschätzungen.
Obwohl das Kursziel von 101 € für ConocoPhillips niedriger als 106.88 € ist, ergibt sich ein negatives Potenzial von -5.5%.
