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XOM Sees Upgrade Despite Pressure from U.S.-Iran Peace Talk Hopes

Dela

Marley Kayden breaks down Exxon Mobil (XOM), pointing out that shares are trading below prices before the U.S.-Iran War began. That didn't stop BofA from upgrading the stock and initiating a $154 price target. Marley says there is no real explanation as to why Exxon Mobil isn't moving in tandem with other big energy names. Tim Biggam walks us through an example options trade.


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