Actionable news
0
All posts from Actionable news
Actionable news in XOM: EXXON MOBIL CORPORATION,

Exxon Mobil (XOM) Stock Lower, Goldman Downgrades

NEW YORK (TheStreet) -- Shares of Exxon Mobil (XOM) were down in mid-morning trading on Monday as Goldman Sachs reduced its rating on the stock to "neutral" from "buy" and removed the stock from its "Conviction Buy" list.

The firm also lowered its price target to $93 from $98 on shares of the Irving, TX-based energy company.

This comes after Exxon reported mixed results for the 2016 third quarter on Friday, beating analysts' estimates on earnings but missing Wall Street's projections for revenue.

Goldman had previously seen Exxon as a...


More