Truist Securities Initiates Coverage of ConocoPhillips with Hold Recommendation: Analysts Predict 6.42% Downside, Fund Sentiment Reveals Decrease in Institutional Ownership

Tuesday, Mar 24, 2026 8:02 pm ET1min read
COP--

Truist Securities initiated coverage of ConocoPhillips (COP) with a Hold recommendation. The average one-year price target is $119.02/share, a 6.42% decrease from its latest closing price. The projected annual revenue is 45,688MM, a 24.21% decrease. Institutional ownership has decreased by 23.71% to 1,090,379K shares.

Truist Securities Initiates Coverage of ConocoPhillips with Hold Recommendation: Analysts Predict 6.42% Downside, Fund Sentiment Reveals Decrease in Institutional Ownership

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