Citigroup Reiterates Neutral on Exxon Mobil, Maintains $110 Price Target
Portfolio Pulse from richadhand@benzinga.com
Citigroup analyst Alastair Syme has reiterated a Neutral rating on Exxon Mobil (NYSE:XOM) and maintained a price target of $110.
July 06, 2023 | 1:06 pm
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NEUTRAL IMPACT
Exxon Mobil's stock rating has been reiterated as Neutral by Citigroup, with a maintained price target of $110.
The reiteration of a Neutral rating by Citigroup indicates that the analyst believes Exxon Mobil's stock is fairly valued at current levels. The maintained price target of $110 suggests that the analyst does not expect significant price movement in the short term. This could lead to a neutral impact on the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100