Why ConocoPhillips Stock Is Powering Down Today
Starting the week off on a bullish note, both the S 500 and Dow Jones Industrial Average are trending higher today. The same can't be said for shares of upstream energy leader (NYSE: COP). While there's no direct news from -- or about -- the company that speaks to the stock's decline today, investors are simply responding to tumbling energy prices.
As of 2:56 p.m. ET on Monday, shares of ConocoPhillips are down 3%.
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Source Fool.com
ConocoPhillips Stock
€110.82
-2.770%
The stock is one of the favorites of our community with 80 Buy predictions and 1 Sell predictions.
On the other hand, the target price of 107 € is below the current price of 110.82 € for ConocoPhillips, so the potential is actually -3.45%.
