Exxon Mobil Stock Sets New All-Time High
Portfolio Pulse from Erica Kollmann
Exxon Mobil Corporation's shares reached a new all-time high of $120.70 on Thursday, driven by the recent rally in crude oil prices. Analysts from Mizuho and Morgan Stanley have reiterated their positive outlook on the company, with price targets of $139 and $131 respectively.
September 28, 2023 | 3:05 pm
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Exxon Mobil's stock reached a new all-time high, driven by the rally in crude oil prices. Analysts maintain a positive outlook, indicating potential further growth.
The all-time high of Exxon Mobil's stock is directly linked to the rally in crude oil prices. The positive outlook from analysts from Mizuho and Morgan Stanley further supports the potential for the stock's growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100