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Conocophillips (COP) Soars 3.74% on Morgan Stanley's Bullish Outlook
Generated by AI AgentAinvest Movers Radar
Monday, May 12, 2025 7:16 am ET1min read
On May 12, 2025,
rose 3.74% in pre-market trading, indicating a strong start to the day for the energy giant.Conocophillips has been under the radar of
, which maintained its "overweight" rating for the company on May 9, 2025. The investment bank set a new price target of $118.00 per share, reflecting a positive outlook on the company's future performance.Despite the overall positive sentiment in the oil and gas sector, Conocophillips experienced a slight decline of 0.26% on May 9, 2025. This minor setback could be attributed to broader market fluctuations or specific company-related news that temporarily affected investor sentiment.
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