Dahlman Rose Starts ExxonMobil (XOM) at Buy, $100 Price Target

October 10, 2012 4:29 PM EDT
Get Alerts XOM Hot Sheet
Price: $84.86 -1.65%

Rating Summary:
    5 Buy, 14 Hold, 8 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 22 | Down: 34 | New: 34
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Dahlman Rose initiates coverage on ExxonMobil (NYSE: XOM) with a Buy. PT $100.00.

The firm comments, "XOM continues to emerge as the preferred super major, leading to premium valuations – due to its superior track record, balanced global portfolio, disciplined investment strategy during up/down cycles, and consistent distribution of cash to shareholders."

For an analyst ratings summary and ratings history on ExxonMobil click here. For more ratings news on ExxonMobil click here.

Shares of ExxonMobil closed at $92.13 yesterday.

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