Barclays raised the firm’s price target on Exxon Mobil (XOM) to $145 from $140 and keeps an Overweight rating on the shares. The company’s Q4 update reinforces its multi-year growth plan with 2025 project start-ups adding $3B of earnings power in 2026, the analyst tells investors in a research note. The firm says Exxon is executing on its growth plan.
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