Bernstein Lowers Exxon Mobil's Price Target by $13

On May 11, Bernstein analyst Bob Brackett reduced the price target for Exxon Mobil (XOM) from $195 to $182 while maintaining an 'Outperform' rating. The adjustment reflects a potential downside of nearly 21% and is based on updated models assuming normalization in global oil markets by mid-2026.

By Sultan Khalid Fri, May 15, 2026 at 11:45 AM GMT+3 2 min read · Yahoo Finance · May 15, 2026, 08:45 UTC

Bernstein Lowers Exxon Mobil's Price Target by $13

Tickers: $XOM

Topics: Bernstein Energy Sector Exxon Mobil Stock Analysis

Read the full article at Yahoo Finance

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