Barclays Lifts PT on Exxon Mobil Corporation (XOM) to $163 From $145 – Here’s Why

1 week ago 7

Noor Ul Ain Rehman

Sun, March 15, 2026 astatine 1:49 PM CDT 2 min read

Exxon Mobil Corporation (NYSE:XOM) is 1 of the champion lipid stocks to bargain close now. Barclays lifted the terms people connected Exxon Mobil Corporation (NYSE:XOM) to $163 from $145 connected March 13, maintaining an Overweight standing connected the shares and telling investors successful a probe enactment that it raised 2026 lipid terms estimates owed to the Iran war. It believes that currency travel tailwinds for the exploration and accumulation radical are continuing to stay underappreciated, and portion the lipid spike is “unlikely to past for long”, the steadfast believes that the marketplace is underappreciating the currency travel benefit, arsenic good arsenic the “durable benefit” it volition person connected the group’s capableness to rise currency returns beyond the conflict.

Exxon (XOM) Plans Legal Shift to Texas aft More than a Century successful New Jersey

Exxon Mobil Corporation (NYSE:XOM) besides received a standing update from Piper Sandler connected March 12, with the steadfast adjusting the terms people connected the banal to $186 from $145 and reiterating an Overweight standing connected the shares. The steadfast told investors that, driven by the lasting effects of the warfare successful Iran, it is revising guardant estimates and terms targets connected the backmost of a $5.00/bbl emergence successful its mid-cycle WTI terms forecast. Piper further stated that though the duration of outages successful the Middle East remains highly uncertain, its commodity macro squad expects 2026 crude balances to tighten by astir 2.0 Mb/d vs. anterior expectations. Furthermore, lingering impacts/risk premiums and planetary assets tightening volition rise the barroom connected aboriginal investment.

Exxon Mobil Corporation (NYSE:XOM) is progressive successful the exploration, development, and organisation of oil, gas, and petroleum products. The company’s operations are divided into the pursuing segments: Upstream, Energy Products, Chemical Products, and Specialty Products.

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