Wells Fargo Maintains Overweight on Exxon Mobil, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on Exxon Mobil (NYSE:XOM) and raised the price target from $127 to $130.
September 22, 2023 | 1:07 pm
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Exxon Mobil's price target has been raised from $127 to $130 by Wells Fargo, maintaining an Overweight rating.
The raised price target and maintained Overweight rating by Wells Fargo indicates a positive outlook for Exxon Mobil. This could potentially lead to an increase in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100