Scotiabank raised the firm’s price target on Exxon Mobil (XOM) to $125 from $115 and keeps an Outperform rating on the shares. The firm is updating its price targets of U.S. Integrated Oil, Refining, and Large Cap E&P stocks under its coverage, the analyst tells investors.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on XOM:
- Exxon Mobil: Strategic Positioning and Upstream Success Justify Buy Rating
- Exxon Mobil: Buy Rating Affirmed Amid Adjusted Earnings Estimates and Strategic Outlook
- Lower Oil and Gas Prices to Dent Exxon’s (XOM) Q2 Earnings
- Mixed options sentiment in Exxon Mobil with shares up 2.61%
- Exxon Mobil price target raised to $134 from $131 at Piper Sandler