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JPMorgan Downgrades ExxonMobil (XOM) to Underweight

October 6, 2011 8:46 AM EDT
Get Alerts XOM Hot Sheet
Price: $159.91 +0.82%

Rating Summary:
    16 Buy, 23 Hold, 1 Sell

Rating Trend: Down Down

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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JPMorgan downgraded shares of ExxonMobil (NYSE: XOM) to an Underweight rating from its previous rating of Neutral.

The firm also raised its price target from $86 to $90 on the shares.

For more ratings news on ExxonMobil click here and for the rating history of ExxonMobil click here.

Shares of ExxonMobil closed at $73.95 yesterday.


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