Vetr has upgraded Exxon Mobil Corporation XOM from 4.5 to 4 stars.
Exxon's stock has traded down over $3 over the past five weeks, and some analysts have lowered the company’s EPS and revenue estimates for its second-quarter earnings report on July 28.
See how crowdsourced ratings can help predict the market?
Vetr members have given Exxon a Buy rating and a $89.47 price target. This price target is higher than the $80.27 price target from professional analysts. The company opened Wednesday around $80.55.
Of all Vetr voters, 100 percent believe traders should buy Exxon stock while none believe that traders should sell Exxon stock.
For Vetr’s full analysis of Exxon, go here.
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