Mizuho Maintains Neutral on Exxon Mobil, Raises Price Target to $128
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar maintains a Neutral rating on Exxon Mobil (XOM) and raises the price target from $125 to $128.

May 13, 2024 | 3:07 pm
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Mizuho analyst Nitin Kumar has maintained a Neutral rating on Exxon Mobil, while raising the price target from $125 to $128.
The adjustment in price target by Mizuho reflects a slightly more optimistic outlook on Exxon Mobil's valuation, though the Neutral rating indicates that the analyst does not see significant upside or downside in the near term. This could lead to a neutral short-term impact on the stock as the market digests this information.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100