Various asset management firms have taken considerable **positions** in ConocoPhillips (COP). While some, like the Hickory Asset Management Inc. and Savant Capital LLC, expanded their holdings, others like Peterson Wealth Services and Beacon Financial Group, reduced their stakes. Analysts have shown support for the company, citing it as a promising energy stock and a worthwhile GARP stock that pays dividends. The company's advancements in the liquefied natural gas sector have also fueled recommendations for its purchase. Reports indicate an uptick in ConocoPhillips' **stock position** and favorable Q4 2024 earnings. However, there have been concerns with price targets cut by UBS Group and Wells Fargo & Company. Raymond James downgraded the stock to 'Outperform', citing a lack of near-term catalyst. Despite certain setbacks, COP remains a preferred stock within large-cap categories insiders are recently buying. The Options Market provides some positive outlook for ConocoPhillips, and the firm's Q4 2024 earnings have highlighted strong production growth.
Conocophillips COP News Analytics from Sun, 22 Dec 2024 08:00:00 GMT to Sat, 15 Feb 2025 13:10:00 GMT -
Rating 5
- Innovation 4
- Information 6
- Rumor -3
