ExxonMobil (XOM) Tops Q1 EPS by 12c

Go back to ExxonMobil (XOM) Tops Q1 EPS by 12c

UBS Raises Price Target on ExxonMobil (XOM) Following 1Q Report and Conference Call

May 2, 2016 8:20 AM EDT

UBS reiterated a Neutral rating on ExxonMobil (NYSE: XOM), and raised the price target to $85.00 (from $77.00), following the company's 1Q earnings report and conference call. XOM reported that 1Q EPS fell 63% YoY to $0.43, still above consensus' $0.31 estimate. Upstream production rose 2% YoY to 4.325 MMBoed, just above the... More