Exxon CEO struggles to reverse Tillerson's legacy of failed bets
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ExxonMobil (XOM) PT Lowered to $81 at Citi; 'Higher Spending Signals a Departure from IOC Peers'
March 8, 2018 6:59 AM ESTCiti lowered its price target on ExxonMobil (NYSE: XOM) to $81.00 (from $84.00) while maintaining a Neutral rating, following the company's annual strategy update.
Analyst Alastair Syme notes a reduced price target on the shares, as XOM management provided an annual strategy update to investors,... More
Chevron (CVX) PT Lowered to $123 at Credit Suisse on 'Disappointing 2018 Cash Flow Guidance'
March 7, 2018 8:15 AM ESTCredit Suisse lowered its price target on Chevron (NYSE: CVX) to $123.00 (from $129.00) while maintaining a Neutral rating, following an update to 2018 cash flow guidance.
Analyst William Featherston notes a reduced outlook on the shares, as CVX commentary provided 2018 cash flow from operations should be... More
