Professor Glenn A. Okun
The Rabid Capitalist: The Big Point is a brief summary of a detailed note available to paid subscribers.
Exxon Mobil (XOM): Bank of America lowered its price target for XOM to $140 from $150 while maintaining its buy rating. It has estimated a decline in earnings on a quarter-over-quarter basis of approximately $200M. The analyst estimated earnings of $1.64 per share, excluding charges of $2.22 per share.
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