Barclays Remains Bullish on ConocoPhillips (COP) With a $120 Price Target

ConocoPhillips (NYSE:COP) is one of the 10 Cheap Large Cap Stocks to Buy According to Hedge FundsOn July 8, Barclays analyst Betty Jiang maintained a Buy rating on ConocoPhillips (NYSE:COP) and set a price target of $120.00.

Jim Cramer Says ConocoPhillips (COP) is the “Best of the Lot These Days”

An underground network of pipelines transporting oil through an expansive terrain.

ConocoPhillips (NYSE:COP) reported $2.8 billion in fiscal Q1 2025 earnings, translating to around $2.23 per share and up when compared to the $2.6 billion reported in the same period last year.

Adjusted earnings for the quarter also experienced growth, increasing from $2.4 billion in fiscal Q1 2024 to $2.7 billion in fiscal Q1 2025.

ConocoPhillips (NYSE:COP) is an exploration and production company that explores, transports, produces, and markets natural gas, crude oil, and bitumen. It operates through the following geographical segments: Alaska, Lower 48, Canada, Europe, Middle East, and North Africa, Asia Pacific, and Other International.

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Disclosure: None. This article is originally published at Insider Monkey.