Exxon Mobil (XOM) received a significant boost after Barclays analyst Betty Jiang raised the firm’s price target from $130 to $140, maintaining an Overweight rating. This positive reassessment helped the stock close the session up 2.43%.
- The new price target of $140 represents a $10 increase from the previous target of $130.
- XOM closed the session at $133.63.
- The upgrade reflects confidence in the energy major's resilience and disciplined capital returns strategy ahead of its Q4 2025 earnings release on January 30, 2026.