RBC Capital Reiterates Sector Perform on Exxon Mobil, Maintains $120 Price Target
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Biraj Borkhataria has reiterated a 'Sector Perform' rating on Exxon Mobil (NYSE:XOM) and maintained a price target of $120.

October 12, 2023 | 4:50 pm
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NEUTRAL IMPACT
Exxon Mobil's stock rating has been reiterated as 'Sector Perform' by RBC Capital, with a maintained price target of $120.
The reiteration of the 'Sector Perform' rating and the maintenance of the $120 price target by RBC Capital indicates that the analyst sees the stock performing in line with the sector. This is neither a strong buy nor sell signal, hence the neutral score. The relevance is high as the news directly pertains to Exxon Mobil. The importance is moderate as analyst ratings can influence investor sentiment but are not the only factor. The confidence is high as the information is clear and direct.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100