Wells Fargo sets price target of $127 for Exxon Mobil (XOM), focusing on expansion in renewables.

From Financial Modeling Prep: 2025-06-26 12:24:00

Roger Read from Wells Fargo has set a price target of $127 for Exxon Mobil (NYSE:XOM), suggesting a potential increase of 17.19%. Exxon Mobil is focusing on expanding in power, renewables, and mining sectors, as highlighted at the recent JP Morgan Energy, Power, Renewables & Mining Conference. The company’s stock has shown volatility, with a year high of $126.34 and a low of $97.80, and a market capitalization of approximately $467 billion.



Read more at Financial Modeling Prep:: Exxon Mobil Corporation (NYSE:XOM) Overview: A Key…