Piper Sandler Maintains Overweight on Exxon Mobil, Lowers Price Target to $127
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Ryan Todd maintains an Overweight rating on Exxon Mobil (NYSE:XOM) but lowers the price target from $145 to $127.
June 13, 2023 | 4:40 pm
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Piper Sandler maintains an Overweight rating on Exxon Mobil, but lowers the price target from $145 to $127.
The news directly mentions Exxon Mobil (XOM) and the lowered price target by Piper Sandler. While the Overweight rating is maintained, the reduced price target may have a neutral impact on the stock price in the short term, as it indicates a less bullish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100