TD Cowen raised the firm’s price target on Exxon Mobil (XOM) to $145 from $135 and keeps a Buy rating on the shares. The firm noted the stock underperformed off its print after a strong year-to-date run, with chemicals disappointing and guide for elevated 1Q26 maintenance. However, medium-term guidance was unchanged while FY26 Permian production appears light.
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- Exxon Mobil price target raised to $145 from $140 at Barclays
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