Morgan Stanley Maintains Overweight on Exxon Mobil, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Overweight rating on Exxon Mobil (NYSE:XOM) and raised the price target from $124 to $131.
September 22, 2023 | 12:12 pm
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Exxon Mobil's price target has been raised from $124 to $131 by Morgan Stanley, which maintains an Overweight rating on the stock.
The raised price target and maintained Overweight rating by Morgan Stanley indicates a positive outlook for Exxon Mobil. This could potentially lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100