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Analysts Offer Insights on Energy Companies: Conocophillips (COP) and DT Midstream (DTM)

Tipranks - Sat May 2, 3:56AM CDT

There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Conocophillips (COP) and DT Midstream (DTM) with bullish sentiments.

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Conocophillips (COP)

The company’s shares closed last Thursday at $125.78.

According to TipRanks.com, Jiang is a 4-star analyst with an average return of 6.8% and a 53.9% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Antero Resources. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conocophillips with a $143.39 average price target, which is a 15.1% upside from current levels. In a report issued on April 17, TipRanks – xAI also upgraded the stock to Buy with a $136.00 price target.

See the top stocks recommended by analysts >>

DT Midstream (DTM)

In a report released today, Julien Dumoulin Smith from Jefferies reiterated a Buy rating on DT Midstream, with a price target of $166.00. The company’s shares closed last Thursday at $147.99.

According to TipRanks.com, Smith is a 5-star analyst with an average return of 10.0% and a 62.9% success rate. Smith covers the Utilities sector, focusing on stocks such as American Electric Power, Centerpoint Energy, and Dominion Energy. ;'>

Currently, the analyst consensus on DT Midstream is a Moderate Buy with an average price target of $148.25, which is a 5.8% upside from current levels. In a report released yesterday, Raymond James also maintained a Buy rating on the stock with a $158.00 price target.

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