Morgan Stanley Raises Concho Resources, Inc. (NYSE:CXO) Target Price To $ 178.00

Morgan Stanley maintains Concho Resources, Inc. (NYSE:CXO) at Equal-Weight rating, while revising the price target. The research firm raises target price to $ 178.00 up from previous mark of $ 163.00.

According to the previous trading day, closing price of CXO was $ 150.56, representing a 21.78 % increase from the 52 week low of $ 123.63 and a 7.69 % decrease over the 52 week high of $ 163.11.

Concho Resources, Inc. has a market capital of $ 30.14 billion and is part of the Basic Materials sector and Oil & Gas Drilling & Exploration industry.

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