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Exxon Mobil price target lowered to $127 from $130 at TD Cowen

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https://www.tipranks.com/news/the-fly/exxon-mobil-price-target-lowered-to-127-from-130-at-td-cowen

TD Cowen lowered the firm’s price target on Exxon Mobil (XOM) to $127 from $130 and keeps a Buy rating on the shares. The firm said its earnings beat though the stock lagged on disappointing contribution from its advantaged Upstream assets and as a result, 4Q estimates will remove large 3Q timing tailwinds.

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