ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

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Go back to ConocoPhillips to acquire Marathon Oil Corporation in all-stock transaction; provides shareholder distribution update

UBS Reiterates Buy Rating on ConocoPhillips (COP)

May 30, 2024 6:41 AM EDT

UBS analyst Josh Silverstein reiterated a Buy rating and $166.00 price target on ConocoPhillips (NYSE: COP)

The analyst comments "We reiterate our Buy rating following the MRO acquisition and sell-side meeting. While not the transaction we expected, we still view the opportunistic... More