What exactly changed in the COP analyst rating on February 06, 2026?

Wells Fargo maintained its **Overweight** rating on ConocoPhillips and raised the price target to **$133** from **$132**. The action is a maintenance of conviction, not a fresh upgrade or downgrade.

How should investors interpret a maintained Overweight in the COP analyst rating?

A maintained Overweight means the analyst favors a larger portfolio weight in COP versus the benchmark. It signals positive expectations for cash flow and returns, but not a new momentum signal.

Does the COP analyst rating change affect short-term trading?

Yes. A maintained Overweight and a higher target can support bullish sentiment, especially with recent bullish options activity. Short-term traders should combine the rating with volume and commodity moves.

What role does Meyka AI play in assessing COP analyst rating?

Meyka AI provides real-time analyst tracking and assigns a proprietary grade; currently COP has a grade of **A**. The platform complements analyst notes with data-driven signals but does not replace professional advice.

Analyst Ratings

Wells Fargo maintains Overweight on ConocoPhillips (COP) Feb 2026

ByDanny Kontos February 9, 2026February 9, 2026

Wells Fargo maintained an Overweight rating on ConocoPhillips (COP) on February 06, 2026, while nudging its price target to $133 from $132. This COP analyst rating update keeps the firm aligned with a bullish view on oil and gas cash flow and capital returns. Investors should note the move is a maintenance of conviction, not a fresh upgrade or downgrade, and it follows recent active coverage across major brokerages. The market cap for ConocoPhillips stands at $133,000,543,600, a data point investors often weigh against analyst targets.