Exxon Mobil shares are trading higher after UBS maintained a Buy rating on the stock and raised its price target from $135 to $139.
Portfolio Pulse from Benzinga Newsdesk
UBS has maintained a Buy rating on Exxon Mobil's stock and increased its price target from $135 to $139. This has resulted in Exxon Mobil's shares trading higher.
August 17, 2023 | 4:25 pm
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POSITIVE IMPACT
Exxon Mobil's stock is trading higher after UBS maintained a Buy rating and raised its price target from $135 to $139.
The news of UBS maintaining a Buy rating and raising its price target for Exxon Mobil is a positive signal for the company's stock. This indicates that UBS sees potential for the stock's price to increase, which can lead to increased demand and higher trading prices for the stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100