Check Out What Whales Are Doing With XOM
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bearish stance on Exxon Mobil (NYSE:XOM), with 62% of detected trades having bearish expectations. Whales have been targeting a price range of $95 to $120 for Exxon Mobil over the last 3 months. RBC Capital downgraded its action to Sector Perform with a price target of $125, while Piper Sandler maintained their Overweight rating with a price target of $127.
June 27, 2023 | 3:32 pm
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Whale investor takes a bearish stance on Exxon Mobil, with 62% of detected trades being bearish. Price targets range from $95 to $120.
The bearish stance taken by a whale investor, along with 62% of detected trades being bearish, indicates a potential short-term negative impact on Exxon Mobil's stock price. Additionally, the price targets set by RBC Capital and Piper Sandler may also influence the stock's movement.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100