KD Logo

TD Cowen gives a Buy recommendation for Exxon Mobil Corp (XOM)

Exxon Mobil Corp’s recent filing unveils that its VP – Corp Strategic Planning Talley Darrin L unloaded Company’s shares for reported $0.24 million on Mar 17 ’25. In the deal valued at $113.00 per share,2,100 shares were sold. As a result of this transaction, Talley Darrin L now holds 15,987 shares worth roughly $1.65 million.

Then, Talley Darrin L sold 2,100 shares, generating $231,000 in total proceeds. Upon selling the shares at $110.00, the VP – Corp Strategic Planning now owns 18,087 shares.

Before that, Dreyfus Maria S. bought 18,310 shares. Exxon Mobil Corp shares valued at $2,000,386 were divested by the Director at a price of $109.25 per share. As a result of the transaction, Dreyfus Maria S. now holds 35,757 shares, worth roughly $3.69 million.

TD Cowen reiterated its Exxon Mobil Corp [XOM] rating to a Buy in a research note published on December 16, 2024; the price target was $128. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid November has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering XOM and reiterated its “Buy” recommendation on November 04, 2024.

Price Performance Review of XOM

On Tuesday, Exxon Mobil Corp [NYSE:XOM] saw its stock fall -0.28% to $103.10. Over the last five days, the stock has gained 2.31%. Exxon Mobil Corp shares have fallen nearly -4.16% since the year began. Nevertheless, the stocks have fallen -14.35% over the past one year. While a 52-week high of $126.34 was reached on 03/31/25, a 52-week low of $97.80 was recorded on 04/10/25. SMA at 50 days reached $110.39, while 200 days put it at $114.00.

Levels Of Support And Resistance For XOM Stock

The 24-hour chart illustrates a support level at 102.26, which if violated will result in even more drops to 101.43. On the upside, there is a resistance level at 104.67. A further resistance level may holdings at 106.24. The Relative Strength Index (RSI) on the 14-day chart is 39.07, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -5.94, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.02%. Stochastics %K at 24.47% indicates the stock is a holding.

How much short interest is there in Exxon Mobil Corp?

A steep rise in short interest was recorded in Exxon Mobil Corp stocks on 2025-03-31, dropping by -4.2 million shares to a total of 42.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 47.11 million shares. There was a decline of -9.78%, which implies that there is a negative sentiment for the stock.

Most Popular