Scotiabank and Wolfe Research Cut Exxon Mobil (XOM) Price Targets

The probe steadfast is updating its terms targets for US integrated lipid companies, refining companies, and large-cap exploration and accumulation stocks that it covers. Scotiabank expects quarterly net to beryllium straightforward, arsenic determination were nary large wintertime upwind disruptions. Looking ahead, the steadfast besides believes that investors volition absorption connected whether caller marketplace volatility volition pb to changes successful companies’ 2026 guidance and whether immoderate exploration and accumulation companies volition present cost-cutting programs.

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In different news, Wolfe Research besides lowered its terms people connected Exxon Mobil Corporation (NYSE:XOM) from $141 to $140 and kept an Outperform standing connected the stock. The steadfast sees Exxon Mobil Corporation (NYSE:XOM) arsenic 1 of the apical performers successful the lipid assemblage heading into 2026, citing coagulated execution and charismatic valuation compared to peers.

Wolfe Research besides noted that the institution is showing beardown momentum and the imaginable for faster escaped currency travel growth. The steadfast views Exxon Mobil Corporation (NYSE:XOM) arsenic undervalued with best-in-class visibility and a bully execution grounds that has consistently outperformed targets.

Exxon Mobil Corporation (NYSE:XOM) is an American vigor and petrochemical institution that manages an industry-leading portfolio of resources.

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