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News 2026-07-09 11:36 UTC

Exxon Mobil price target lowered to $158 from $173 at JPMorgan

JPMorgan lowered the firm's price target on Exxon Mobil to $158 from $173 and keeps an Overweight rating on the shares after the company released its Q2 earnings bridge. After taking into account the disclosures in the 8-K supplement, the firm forecasts adjusted Q2 EPS of $3.68, versus the Street estimate of $3.65 and