Truist Securities Upgrades Exxon Mobil to Buy, Raises Price Target to $131
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann has upgraded Exxon Mobil (NYSE:XOM) from Hold to Buy and raised the price target from $110 to $131.
October 12, 2023 | 11:34 am
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Exxon Mobil's stock has been upgraded to Buy from Hold by Truist Securities, with a raised price target from $110 to $131.
The upgrade from Hold to Buy indicates a positive outlook for Exxon Mobil's stock. The raised price target from $110 to $131 suggests that the analyst expects the stock to perform well in the short term. This could potentially lead to an increase in the stock's price.
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