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Enter Symbol:
Rating: XOM
Market Perform $95
up 5.00 %

Exxon Mobil Corporation (NYSE: XOM) upgraded to Market Perform with price target $95 by BMO Capital Markets

Friday,  Dec 19, 2014  1:25 PM ET by Lynn Gilbert

BMO Capital Markets upgraded Exxon Mobil Corporation (NYSE: XOM) to Market Perform with price target $95. Previously, BMO Capital Markets rated Exxon Mobil Corporation (NYSE: XOM) to
Underperform with price target $85 on 04/01/2014, when the stock price was valued at $97.73. Since then, Exxon Mobil Corporation's stock price has lost 5% as of 12/19/2014's recent price of $92.47.
If you had followed BMO Capital Markets's previous recommendation on XOM, you would have gained 5% of your investment in 262 days.

Exxon Mobil Corporation (Exxon Mobil) through its divisions and affiliates is engaged in exploration for, and production of, crude oil and natural gas, manufacture of petroleum products and transportation and sale of crude oil, natural gas and petroleum products. ExxonMobil is a manufacturer and marketer of commodity petrochemicals, including olefins, aromatics, polyethylene and polypropylene plastics and a wide variety of specialty products. It also has interests in electric power generation facilities. Affiliates of ExxonMobil conduct research programs in support of these businesses. Exxon Mobil Corporation has several divisions and affiliates, many with names that include Exxon Mobil, Exxon, Esso or Mobil. The Company operates in three segments: Upstream, Downstream and Chemicals. In November 2008, Sunoco Logistics Partners L.P. completed the acquisition of the MagTex refined products pipeline system located in Texas, from affiliates of Exxon Mobil Corporation.

The U.S. Equity Research team comprises over 25 analysts located in New York, Atlanta, Boston, Denver, Houston and Los Angeles. We cover more than 375 stocks and also provide equity strategy, quantitative analysis and portfolio management services to our clients. Our goal is to identify the best sectors to invest in, and the best stocks within those sectors, in order to help our clients maximize their portfolio returns. Our award-winning analysts provide research that is informative, perceptive and actionable.



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