UBS Maintains Buy on Exxon Mobil, Lowers Price Target to $149
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Buy rating on Exxon Mobil but lowers the price target from $157 to $149.

September 18, 2024 | 3:09 pm
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NEUTRAL IMPACT
UBS analyst Josh Silverstein continues to recommend buying Exxon Mobil shares but has reduced the price target from $157 to $149, indicating a slightly less optimistic outlook.
The maintained Buy rating suggests continued confidence in Exxon Mobil's performance, but the lowered price target reflects a tempered outlook, possibly due to market conditions or company-specific factors. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100