UBS raised ConocoPhillips (COP) price target from $111 to $115 on July 11, maintaining a Buy rating. Concerns about the company’s capital return program have hindered stock performance despite positive operational updates in Q1 2025. The firm believes another strong quarter could improve investor confidence.

An underground network of pipelines transports oil through diverse terrain. UBS expects ConocoPhillips (COP) to see an increase in free cash flow as long-cycle spending decreases in the second half of 2025. The firm believes that addressing capital return concerns could boost investor confidence in the company.

ConocoPhillips (COP) is a major American energy company ranking among the world’s largest independent oil and gas exploration and production companies based on production and proved reserves. While COP shows investment potential, certain AI stocks may offer greater upside and lower downside risk. Investors can explore undervalued AI stocks for potential growth.

For more insights, check out the best-performing AI stocks in 2025 and the most-owned stocks by hedge funds this year. Disclosure: None. This article was originally published on Insider Monkey.

Read more at Yahoo Finance: UBS Raises ConocoPhillips (COP) Price Target, Keeps Buy Rating