Jefferies raised the firm’s price target on Exxon Mobil (XOM) to $184 from $178 and keeps a Buy rating on the shares. Guidance for Q1 “points to a messy quarter” due to timing effects and Middle East disruptions with adjusted EPS at 80c, the analyst says. The timing effects are equivalent to 93c per share in earnings and should unwind through 2026 as prices moderate, the analyst added.
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:
- ExxonMobil: Mixed Near-Term Performance and Uncertain Outlook Keep Risk‑Reward Balanced at Hold
- Exxon Mobil price target lowered to $182 from $186 at Piper Sandler
- Exxon Mobil price target raised to $170 from $140 at JPMorgan
- Exxon Mobil price target raised to $185 from $183 at Wells Fargo
- Are Gas Prices Down Today Following the Ceasefire Agreement?