COP Upgraded to 'BUY' at Guggenheim; Price Target Raised
ConocoPhillips upgraded to Buy from Neutral at Guggenheim
As previously reported, Guggenheim upgraded ConocoPhillips to Buy from Neutral. The firm upgraded shares based on higher estimates for U.S. onshore and deepwater exploration and said exploration capabilities are underappreciated. Price target raised to $90 from $82.