ExxonMobil hits all-time high at $122 per share - Breaking The News

ExxonMobil hits all-time high at $122 per share

5 April

1 min read

EPA/LARRY W. SMITH

Shares of ExxonMobil Corporation rallied to hit a record high on Friday, surpassing the $122 mark after the company received a boost from Wells Fargo Securities analysts that revised the energy giant's price target from $126 to $138 apiece.

The upgrade appeared to shake off concerns about the company's opening quarter results. Earlier this week the Corporation shared that it expects underwhelming earnings for its first quarter owing to recent volatility in oil prices.

ExxonMobil's stock jumped 2.01% to sell at $122.11 apiece at 12:46 pm ET.

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