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Analysts’ Opinions Are Mixed on These Energy Stocks: Conocophillips (COP) and SM Energy (SM)

Tipranks - Tue May 26, 8:44AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on Conocophillips (COP) and SM Energy (SM).

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Conocophillips (COP)

In a report released today, Lloyd Byrne from Jefferies reiterated a Buy rating on Conocophillips, with a price target of $161.00. The company’s shares closed last Friday at $120.46.

According to TipRanks.com, Byrne is a 5-star analyst with an average return of 22.7% and a 62.6% success rate. Byrne covers the NA sector, focusing on stocks such as Flowco Holdings Inc Class A, Baker Hughes Company, and Canadian Natural. ;'>

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Conocophillips with a $142.33 average price target, implying a 18.6% upside from current levels. In a report issued on May 11, Bernstein also maintained a Buy rating on the stock with a $121.00 price target.

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SM Energy (SM)

In a report issued on May 21, Hanwen Chang from Wells Fargo maintained a Hold rating on SM Energy, with a price target of $32.00. The company’s shares closed last Friday at $33.77.

According to TipRanks.com, Chang is a 4-star analyst with an average return of 12.7% and a 63.9% success rate. Chang covers the NA sector, focusing on stocks such as Crescent Energy Company Class A, LandBridge Company LLC Class A, and Magnolia Oil & Gas. ;'>

SM Energy has an analyst consensus of Moderate Buy, with a price target consensus of $37.64, which is an 11.9% upside from current levels. In a report issued on May 7, TipRanks – Anthropic also downgraded the stock to Hold with a $31.00 price target.

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