TD Cowen Maintains Buy on Exxon Mobil, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Jason Gabelman has maintained a Buy rating on Exxon Mobil (NYSE:XOM) and increased the price target from $115 to $120.
April 01, 2024 | 3:40 pm
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Exxon Mobil's Buy rating was maintained by TD Cowen, with the price target raised from $115 to $120.
The maintenance of a Buy rating combined with an increased price target typically signals analyst confidence in the company's future performance, potentially leading to positive investor sentiment and a short-term increase in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100