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Enter Symbol:
Rating: XOM
Equal Weight $85
up 23.00 %

Exxon Mobil Corporation (NYSE: XOM) reiterated to Equal Weight with price target $85 by Barclays

Monday,  Oct 12, 2015  2:25 PM ET by Betsy O'Brien Harrison

Barclays reiterated Exxon Mobil Corporation (NYSE: XOM) to Equal Weight with price target $85. Previously Barclays reiterated Exxon Mobil Corporation (NYSE: XOM) to Underweight with
price target $105 on 07/25/2014, when the stock price was $103.18. Since then, Exxon Mobil Corporation's stock price has lost 23% as of 10/12/2015's recent price of $78.95.
If you would have followed the previous Barclays's recommendation on XOM, you would have gained 23% of your investment in 444 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.


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