Morgan Stanley analyst Devin McDermott reiterated an "Overweight" rating on integrated oil and gas giant Exxon Mobil (XOM) and raised its price target from $168 to $177, citing an upward revision in free cash flow valuation reflecting Q2 guidance and oil price trends, with an expected 20% and 7% increase in free cash flow valuation for H2 2026 and 2027, respectively. Exxon Mobil's quarterly dividend is $1.03 per share, with a dividend yield of 2.6%.
Goldman Sachs analyst Neil Mehta reiterated a "Buy" rating on natural gas producer Expand Energy (EXE) and raised its price target from $99 to $113, citing improved cash flow and strong shareholder return prospects. Expand Energy's quarterly dividend is $0.575 per share, with a dividend yield of 2.3%.
Mehta also reiterated a "Buy" rating on independent oil and gas company Diamondback Energy (FANG) and raised its price target from $212 to $220, citing capital-efficient production growth and sustained high oil prices due to ongoing supply disruptions in the Middle East. Diamondback Energy's quarterly dividend is $1.10 per share, with a dividend yield of 2.2%.
Morgan Stanley raises Exxon Mobil's price target to $177; Goldman Sachs raises Expand Energy and Diamondback Energy's price targets.
Source:CNBC头条 · Source Link
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