Bullish
ExxonMobil's stock rises 1.2% after TD Cowen raises price target to $180.
ExxonMobil's stock price increased by 1.2% following TD Cowen's upgrade, raising the price target from $168 to $180 while maintaining a 'Buy' rating. This adjustment reflects confidence in ExxonMobil's earnings outlook and suggests potential for further stock appreciation.
Key points
- TD Cowen raised ExxonMobil's price target to $180, maintaining a 'Buy' rating.
- Despite the upgrade, the consensus rating remains 'Hold' with an average price target of $164.78.
- ExxonMobil reported quarterly revenue exceeding expectations but slightly missed EPS estimates, maintaining a quarterly dividend of $1.03.
Sources
AI-generated from public news sources. Not financial advice.
