Morgan Stanley Reduces PT on ConocoPhillips (COP) Stock
ConocoPhillips (NYSE:COP) is one of the Best Bargain Stocks to Buy in November. On October 14, Morgan Stanley analyst Devin McDermott reduced the price objective on the company’s stock to 123, while keeping an “Overweight” rating. Notably, the firm anticipates clean Q3 operational updates. That being said, the firm also believes that the cash flow would likely be generally below consensus as a result of weaker gas and NGL realizations. Morgan Stanley Reduces PT on ConocoPhillips (COP) Stock Co ...