Wells Fargo Maintains Overweight on Exxon Mobil, Raises Price Target to $136
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Overweight rating on Exxon Mobil and raises the price target from $135 to $136.
September 27, 2024 | 3:33 pm
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Wells Fargo analyst Roger Read has maintained an Overweight rating on Exxon Mobil and increased the price target from $135 to $136, indicating a positive outlook.
The increase in price target and maintained Overweight rating by a reputable analyst suggests a positive short-term outlook for Exxon Mobil's stock price. This could lead to increased investor confidence and potential buying activity.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100