UBS Maintains Buy on Exxon Mobil, Raises Price Target to $139
Portfolio Pulse from richadhand@benzinga.com
UBS analyst Jon Rigby has maintained a 'Buy' rating on Exxon Mobil (NYSE:XOM) and raised the price target from $135 to $139.
August 17, 2023 | 1:45 pm
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POSITIVE IMPACT
UBS analyst Jon Rigby has maintained a 'Buy' rating on Exxon Mobil and raised the price target from $135 to $139, which could potentially increase investor confidence and positively impact the stock price.
The 'Buy' rating maintained by UBS indicates a positive outlook for Exxon Mobil. The increase in price target from $135 to $139 suggests that the analyst expects the stock to perform well in the future. This could potentially increase investor confidence and lead to an increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100