CSFB Cuts ConocoPhillips to Underperform from Neutral

Cites the company's plans to buy Burlington Resources for $35.6 billion.

CSFB downgraded its opinion on ConocoPhillips (COP ) shares to underperform from neutral, citing the company's plans announced this week to buy Burlington Resources (BR ) for $35.6 billion.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.