Bernstein Trims Price Target on ConocoPhillips (COP) by $18

Group 1 - ConocoPhillips is recognized as one of the 10 Best Natural Gas Stocks to Buy currently [1] - Bernstein has reduced its price target for ConocoPhillips from $116 to $98 while maintaining an 'Outperform' rating, reflecting a balanced view on crude oil with expectations of near-term volatility but a positive long-term outlook [2] - The company's stock surged by 2.6% on January 5 due to political changes in Venezuela, where the ousting of President Nicolás Maduro may allow American companies to access the country's oil reserves [3] Group 2 - ConocoPhillips is owed approximately $10 billion in damages from the Venezuelan government after its assets were seized in 2007, and while only a fraction has been paid, the potential for recovering these damages and accessing oil reserves has generated significant investor interest [4]