Truist Securities Maintains Buy on Exxon Mobil, Raises Price Target to $146
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Exxon Mobil (XOM) and raises the price target from $140 to $146.
April 05, 2024 | 5:42 pm
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Truist Securities maintains a Buy rating on Exxon Mobil and raises the price target from $140 to $146.
The upgrade in the price target by Truist Securities reflects a positive outlook on Exxon Mobil's stock, likely due to expected strong performance or favorable market conditions. This analyst endorsement can boost investor confidence and potentially lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100