Exxon Mobil price target lowered to $135 from $146 at UBS

In This Article: UBS analyst Josh Silverstein lowered the firm’s price target on Exxon Mobil (XOM) to $135 from $146 and keeps a Buy rating on the shares. The firm sees Energy viewed as a recession downside play, the analyst tells investors in a research note. UBS lowered its price target…