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Exxon Mobil: Top Energy Stock Despite Price Target Cuts

1/21/2026

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Summary

Story summary

Exxon Mobil Corporation (NYSE:XOM) is highlighted as a top energy stock.
Scotiabank cut its price target from $155 to $128 and kept an Outperform rating, citing stable quarterly earnings.
Wolfe Research lowered its target from $141 to $140, calling Exxon a strong performer with solid execution.
UBS reaffirmed a Buy rating with a $145 target, citing Exxon's refining capabilities and potential for high free cash flow.

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Story summary

Exxon Mobil Corporation (NYSE:XOM) is highlighted as a top energy stock.
Scotiabank cut its price target from $155 to $128 and kept an Outperform rating, citing stable quarterly earnings.
Wolfe Research lowered its target from $141 to $140, calling Exxon a strong performer with solid execution.
UBS reaffirmed a Buy rating with a $145 target, citing Exxon's refining capabilities and potential for high free cash flow.