Exxon Downgraded To 2.5-Star Stock By Vetr Top Raters

Exxon Mobil CorporationXOMdowngraded the Dow-component's stock rating to 2.5-stars out of a possible 5-stars. Shares of Exxon Mobil have risen to $76.70 since the prior rating of 3.0-stars was issued 12 days ago. Related link: Here's how crowdsourced ratings can beat the market. Despite a downgrade, Exxon Mobil is a popular name as more than 2 percent of users are holding the stock in their watch-lists. In addition, 75 percent of the crowd's ratings are bullish. On the other hand, the crowd sourced price target of $71.41 implies a potential downside of more than 6 percent. Petri nygaard, a member of the Vetr crowd, noted that Exxon's stock is similar to a "ticking time bomb" if oil prices fail to rebound.