Piper Sandler Maintains a Buy on ​ConocoPhillips (COP), Keeps the PT

Group 1 - ConocoPhillips (NYSE:COP) is considered one of the best undervalued stocks to invest in, with a Buy rating and a price target of $115 from Piper Sandler, while Morgan Stanley has a Buy rating with a lowered price target of $117 [1][2] - The company's fiscal Q3 2025 results showed a revenue increase of 14.10% to $15.52 billion, exceeding estimates by $893.56 million, and an EPS of $1.61, which was $0.20 above expectations [2] - ConocoPhillips raised its full-year production guidance to 2.375 million barrels of oil equivalent per day (MMBOED), up from a previous range of 2.35 to 2.37 MMBOED, and lowered its full-year adjusted operating cost guidance to $10.6 billion from a prior range of $10.7 to $10.9 billion [3] Group 2 - The company is involved in the exploration, production, transportation, and marketing of various energy resources, including crude oil, natural gas, natural gas liquids, and liquefied natural gas, operating in multiple regions such as Alaska, the contiguous United States, Canada, Europe, the Middle East, North Africa, and Asia Pacific [4]