HSBC Maintains Hold on Exxon Mobil, Raises Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Gordon Gray maintains a Hold rating on Exxon Mobil (NYSE:XOM) and raises the price target from $111 to $120.
April 30, 2024 | 3:46 pm
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POSITIVE IMPACT
HSBC maintains a Hold rating on Exxon Mobil and raises the price target from $111 to $120.
The increase in the price target by HSBC reflects a positive outlook on Exxon Mobil's stock, suggesting potential upside from the current price level. This adjustment could lead to increased investor interest and potentially a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100