Ideas Markets Events Research
Close
search
Ideas
Markets
Events
Research
Nothing found
Select a section for which the search will be carried out
10 October 2022 | Other

Wells Fargo pushes its price target for Exxon Mobil stocks

Exxon Mobil Corp

The Wells Fargo holding company's price target for Exxon Mobil Corp. has been hiked from $109 to $116. Meanwhile, its "above-market" rating held steady, according to data released Friday.

Wells Fargo analysts adjusted their forecasts, enhancing the oil corporation's quarterly earnings estimate. 

"We are increasing our earnings per share (EPS) / cash flow outlook for the third quarter of this year. This is due to higher performance in the oil exploration and production, along with energy and specialty materials segments. These indicators, in turn, are offset by lower performance in chemicals," the experts noted. 

Company MarketCheese

Recommended

United States. Industrial Production (YoY). The value of the indicator has decreased from 2.68% to 1.99%
Today at 2:21 PM
United States. Industrial Production (MoM). The value of the indicator remained at the same level of 0.4%
Today at 2:21 PM
Germany. German CPI (MoM). The value of the indicator remained at the same level of 0%
Today at 7:00 AM
United States. Natural Gas Storage. The value of the indicator has increased from -119B to -71B
Yesterday at 3:30 PM
European Union. Trade Balance. The value of the indicator has decreased from 17.9B to 9.9B
Yesterday at 10:00 AM
Top news
European Union. Trade Balance. The value of the indicator has decreased from 17.9B to 9.9B
Yesterday at 10:00 AM
United States. Retail Sales (MoM). The value of the indicator has increased from -0.1% to 0.6%
14 January
United States. CPI (YoY). The value of the indicator remained at the same level of 2.7%
13 January
United States. Nonfarm Payrolls. The value of the indicator has decreased from 56K to 50K
9 January
United States. Unemployment Rate. The value of the indicator has decreased from 4.5% to 4.4%
9 January
All news

Forecasts

Gold buy
Period: 31.03.2026 Expectation: 23000 pips
Holding on to gold for long term
FA Other Chart analysis
Today at 11:52 AM 20
McCarthy_Raymond
AUDCAD buy
Period: 30.01.2026 Expectation: 1000 pips
AUDCAD climbs higher after exiting flat trend
FA Other Indicators Chart analysis
Today at 10:42 AM 14
Tom_Kern
GBPUSD sell
Period: 23.01.2026 Expectation: 1060 pips
GBPUSD pushed lower by later Fed cut timeline
FA Other TA Other Technical analysis Indicators Fundamental analysis
Today at 10:31 AM 14
Lyra_Moonwell1
Lyra_Moonwell1
Listed among the best MarketCheese authors
1st in the segment "Oil and gas"
Brent sell
Period: 31.01.2026 Expectation: 200 pips
Brent crude selloff targets $62.50
FA Other Chart analysis
Today at 08:33 AM 11
McCarthy_Raymond
Brent sell
Period: 23.01.2026 Expectation: 125 pips
De-escalated geopolitical tensions send Brent prices into correction
FA Other Indicators and reports Technical analysis Indicators Fundamental analysis
Today at 07:00 AM 12
Emily_Foster
GBPUSD sell
Period: 28.02.2026 Expectation: 1250 pips
Selling GBPUSD down to 1.3275
Indicators and reports Chart analysis
Today at 06:23 AM 11
McCarthy_Raymond
Go to forecasts