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Exxon (XOM) Signals Strong Profits on High Gas Prices, Analysts Raise Numbers

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Exxon Mobil (XOM) Price Target Raised on Stronger Upstream Performance

October 7, 2022 3:13 PM EDT

Wells Fargo's price target for Exxon Mobil (NYSE: XOM) Corporation was raised to $116 from $109, with its Overweight rating maintained on Friday.

Analyst Roger Read made quarter-end adjustments, also raising estimates for the oil and gas company.

"We raise our Q3 2022 EPS/cash... More