Wells Fargo Maintains Overweight on Exxon Mobil, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Exxon Mobil (NYSE:XOM) but lowers the price target from $139 to $135.
August 05, 2024 | 12:52 pm
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Wells Fargo analyst Roger Read maintains an Overweight rating on Exxon Mobil but lowers the price target from $139 to $135.
The Overweight rating suggests a positive outlook, but the lowered price target indicates some caution. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100