Canaccord Genuity Starts Exxon Mobil Corp. Off With a “Hold” Rating

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Canaccord Genuity Starts Exxon Mobil Corp. Off With a “Hold” Rating

XOM

Linked by The Dividend Daily ( track newsfeed | ignore newsfeed ) - February 22, 10:38AM from (www.dividend.com)

On Friday, analysts at Canaccord Genuity initiated supermajor oil company Exxon Mobil Corporation (XOM) with a "Hold" rating, citing its current valuation and potential challenges ahead. The analysts give XOM a "Hold" rating with a $95 price target. This target suggests a 7% upside to Thursday's closing price of $88.59. A Canaccord Genuity analyst commented, ...

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