JPMorgan Upgrades ConocoPhilips (COP), Canadian Natural (CNQ) to Overweight

An analyst at JPMorgan revised estimates and price targets on a number of stocks in the Oil and Gas Operations sector Tuesday morning. The firm also upgraded the following stocks, each from Neutral to Overweight:

• ConocoPhilips (NYSE: COP) - price target from $68 to $91
  
• Canadian Natural (NYSE: CNQ) - price target from C$50 to C$57

While shares of Canadian Natural are quiet in pre-market trade Tuesday, shares of Conoco are up 1.15 percent to $80.60.

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