Hilliard Lyons Starts ConocoPhillips (COP) at Long-Term Buy

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January 10, 2017 9:31 AM UTC
Get Alerts COP Hot Sheet
Price: $117.07 +0.21%

Rating Summary:
    25 Buy, 12 Hold, 2 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 0 | Down: 0 | New: 0
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Hilliard Lyons initiates coverage on ConocoPhillips (NYSE: COP) with a Long-Term Buy rating and a price target of $65.00.

Analyst Joel Havard commented, "With the commodity price environment showing indications of a sustainable recovery and several major projects recently concluded, we believe the company is poised to return to low single-digit production growth with a more pronounced recovery in earnings and cash flows."

For an analyst ratings summary and ratings history on ConocoPhillips click here. For more ratings news on ConocoPhillips click here.

Shares of ConocoPhillips closed at $49.66 yesterday.


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