UBS Maintains Buy on Exxon Mobil, Lowers Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Jon Rigby has maintained a Buy rating on Exxon Mobil (NYSE:XOM) but has reduced the price target from $133 to $132.
January 23, 2024 | 4:03 pm
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NEUTRAL IMPACT
UBS maintains a Buy rating on Exxon Mobil but lowers the price target from $133 to $132.
The reduction in price target is marginal, suggesting that UBS's outlook on Exxon Mobil remains largely positive. The slight decrease in the price target may not significantly impact investor sentiment or the stock price in the short term, as the Buy rating was maintained.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100