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ConocoPhillips: Neutral Is The Biggest Positive


A key analyst could only upgrade ConocoPhillips to Neutral despite a lagging stock price. .

The oil market is moving back towards production growth while the independent energy company is upside down on profits and free cash flow. .

The investment thesis remains negative until the company is on the right side of the energy curve. .

The good news is that ConocoPhillips (NYSE:COP) got an upgrade. The bad news for shareholders is that the analyst only sees the stock worth a slight bump from the current price despite some...