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Analysts Have Conflicting Sentiments on These Energy Companies: Williams Co (WMB) and Conocophillips (COP)

Analysts have been eager to weigh in on the Energy sector with new ratings on Williams Co (WMBResearch Report) and Conocophillips (COPResearch Report).

Williams Co (WMB)

In a report issued on April 10, Gabe Moreen from Mizuho Securities reiterated a Buy rating on Williams Co, with a price target of $43.00. The company’s shares closed last Thursday at $38.60, close to its 52-week high of $39.76.

According to TipRanks.com, Moreen is a 5-star analyst with an average return of 10.0% and a 78.2% success rate. Moreen covers the NA sector, focusing on stocks such as Enterprise Products Partners, Western Midstream Partners, and EnLink Midstream.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Williams Co with a $39.50 average price target, implying a 1.3% upside from current levels. In a report issued on April 8, Citi also maintained a Buy rating on the stock with a $40.00 price target.

See today’s best-performing stocks on TipRanks >>

Conocophillips (COP)

Mizuho Securities analyst Nitin Kumar CFA reiterated a Hold rating on Conocophillips on April 10 and set a price target of $139.00. The company’s shares closed last Thursday at $132.92, close to its 52-week high of $134.02.

According to TipRanks.com, CFA is a top 25 analyst with an average return of 19.9% and a 76.6% success rate. CFA covers the NA sector, focusing on stocks such as California Resources Corp, HF Sinclair Corporation, and Occidental Petroleum.

Currently, the analyst consensus on Conocophillips is a Strong Buy with an average price target of $141.65, which is a 6.9% upside from current levels. In a report released yesterday, Scotiabank also maintained a Hold rating on the stock with a $135.00 price target.

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