XOM Stock: $58 Target (Up From $55) by Mizuho

By Amit Chowdhry ● May 3, 2021
  • The shares of Exxon Mobil Corporation (NYSE: XOM) have received a price target increase from $55 to $58 by Mizuho. These are the details.

The shares of Exxon Mobil Corporation (NYSE: XOM) have received a price target increase from $55 to $58 by Mizuho. And Mizuho analyst Daniel Boyd is maintaining a “Neutral” rating on the company shares.

Boyd cited the company’s strong first-quarter results, driven by a record in its Chemicals operations. And Boyd pointed out that Exxon is well-positioned to benefit from rapid growth globally.

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