ExxonMobil Updates Growth Plans, Significant Additional Upside Possible

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ExxonMobil (XOM) PT Raised to $88 at Barclays

March 7, 2019 7:16 AM UTC

Barclays analyst Paul Cheng raised the price target on ExxonMobil (NYSE: XOM) to $88.00 (from $82.00) while maintaining a Underweight rating following the company's annual investor day. Exxon has assembled an attractive asset portfolio post-2022. Cheng thinks it's too early to own the shares given its... More