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Bernstein Sticks to Its Buy Rating for Exxon Mobil (XOM)

Tipranks - Tipranks - Tue Aug 4, 9:10AM CDT

Bernstein analyst Bob Brackett maintained a Buy rating on Exxon Mobil today and set a price target of $182.00.

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According to TipRanks, Brackett is a 5-star analyst with an average return of 16.4% and a 60.76% success rate. Brackett covers the Energy sector, focusing on stocks such as Chevron, Exxon Mobil, and APA.

In addition to Bernstein, Exxon Mobil also received a Buy from Morgan Stanley’s Devin McDermott in a report issued today. However, on the same day, HSBC maintained a Hold rating on Exxon Mobil (NYSE: XOM).

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Based on Exxon Mobil’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $114.53 billion and a net profit of $14.53 billion. In comparison, last year the company earned a revenue of $79.48 billion and had a net profit of $7.08 billion

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