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BofA Securities downgrades ExxonMobil (XOM) to Neutral with $158 price target
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BofA Securities has downgraded ExxonMobil (XOM) from Buy to Neutral, citing concerns over potential downside if a ceasefire is reached in the Middle East and limited upside due to 20% of currently shut-in volume in the region. The new price target is set at $158.00, up from $154.00.
Points clés
- BofA Securities downgrades ExxonMobil to Neutral, citing Middle East uncertainties.
Sources
Généré par IA à partir de sources d'actualités publiques. Ceci n'est pas un conseil financier.
