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Friday, December 14, 2012 7:46:08 AM
XOM Has its Rating Cut at Goldman Sachs
So far holding up above the 20MA.
Analyst at Goldman Sachs took the hatchet to major integrated oil company ExxonMobil (NYSE: XOM) Friday, cutting their rating from Buy to Neutral and their price target from $100 to $97.00. The firm cited a lower E&P outlook and an investors shift fo hiher beta names.
http://www.streetinsider.com/Analyst+PT+Change/ExxonMobil+(XOM)+Has+its+Rating+Cut+at+Goldman+Sachs/7948751.html
So far holding up above the 20MA.
Analyst at Goldman Sachs took the hatchet to major integrated oil company ExxonMobil (NYSE: XOM) Friday, cutting their rating from Buy to Neutral and their price target from $100 to $97.00. The firm cited a lower E&P outlook and an investors shift fo hiher beta names.
http://www.streetinsider.com/Analyst+PT+Change/ExxonMobil+(XOM)+Has+its+Rating+Cut+at+Goldman+Sachs/7948751.html
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