Barclays Upgrades Exxon Mobil (XOM) to Overweight
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Barclays upgrades Exxon Mobil Corp. (NYSE: XOM) from Equal Weight to Overweight, citing a higher production growth outlook. The firm raised their price target from $90 to $92.
Exxon Mobil Corporation engages in the exploration, production, transportation, and sale of crude oil and natural gas.
Note: After the close Warren Buffett disclosed a new stake in XOM.
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