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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100