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. Atlanta Fed GDPNow. The value of the indicator remained at the same level of -1.8%
Yesterday at 4:16 PM
United States. Cushing Crude Oil Inventories. The value of the indicator has increased from -1.009M to -0.755M
Yesterday at 2:46 PM
United States. Gasoline Production. The value of the indicator has decreased from 0.067M to -0.401M
Yesterday at 2:46 PM
United States. Heating Oil Stockpiles. The value of the indicator has decreased from 0.008M to -0.035M
Yesterday at 2:46 PM
United States. Gasoline Inventories. The value of the indicator has decreased from -0.527M to -1.446M
Yesterday at 2:46 PM
Top news
Japan's ruling party lawmaker says yen is undervalued
Yesterday at 11:51 AM
Societe Generale forecasts gold prices to climb to $3,300 in fourth quarter
Yesterday at 11:05 AM
Bank of England Governor downplays temporary inflation dip ahead of Rachel Reeves’ statement
Yesterday at 10:41 AM
Bloomberg: COMEX copper prices surge to historic peak
Yesterday at 10:40 AM
Oil loading at Venezuelan ports slows amid new US restrictions
Yesterday at 9:44 AM
All news

Forecasts

USDCAD buy
Period: 04.04.2025 Expectation: 1000 pips
USDCAD may return to 1.435 as April 2 approaches
FA Other Hot news Chart analysis
Yesterday at 11:04 AM 27
AntonVolkov
AntonVolkov
Listed among the best MarketCheese authors
1st in the segment "Currencies"
3rd in the segment "Metals"
EURUSD sell
Period: 20.04.2025 Expectation: 4380 pips
Trade risks and ECB policy reinforce EURUSD decline
Indicators and reports Wave analysis FA Other Indicators
Yesterday at 09:23 AM 37
Elena_Dorokhina
Elena_Dorokhina
Listed among the best MarketCheese authors
1st in the segments "Metals" and "Oil and gas"
Gold sell
Period: 31.03.2026 Expectation: 20000 pips
Selling gold to level of 2800
FA Other Chart analysis
Yesterday at 07:33 AM 62
Nikolai
NVIDIA Corporation buy
Period: 02.04.2025 Expectation: 946 pips
Buying NVIDIA stock on optimistic outlook for company
Technical analysis FA Other Hot news Indicators Fundamental analysis
Yesterday at 06:07 AM 15
Elizabeth_Kuzmicheva
Elizabeth_Kuzmicheva
Listed among the best MarketCheese authors
2nd in the segment "Metals"
Tesla Inc buy
Period: 06.04.2025 Expectation: 8450 pips
Technical reversal suggests buying TSLA with target of 362.20
Wave analysis FA Other Indicators
25 March 2025 66
Alexandra_Belova
Alexandra_Belova
Listed among the best MarketCheese authors
1st in the segment "Crypto"
2nd in the segment "Currencies"
Brent sell
Period: 30.04.2025 Expectation: 300 pips
Selling Brent to $69 per barrel
FA Other Chart analysis
25 March 2025 26
Nikolai
Go to forecasts