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News

What Today's ExxonMobil Upgrade Means for Mutual Fund Investors (XOM)

Shauna O'Brien Dec 15, 2014



Inside the Upgrade


According to the firm: “although the stock looks expensive versus peers, the defensive nature of the company during what we believe will remain a weak period for most of 2015 leads us to increase the rating.”

In a separate move, BMO has cut its 2015 oil price forecast to $67 a barrel.


Trying to Find the Bottom in Oil Stocks



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