UBS raised ConocoPhillips’ price target to $115 from $111, maintaining a “Buy” rating. The firm anticipates positive operational results and cost savings. ConocoPhillips expects strong FCF growth in H2 2025 as long-cycle spending decreases. Q1 2025 showed healthy execution and reduced capital and operating cost guidance for the year.

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Read more at Yahoo Finance: UBS Lifts PT on ConocoPhillips (COP) Stock, Maintains Buy