Exxon trading at big discount to broader market, Morgan Stanley says in buy rating

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Exxon Mobil (New York Stock Exchange: Schwam) +0.5% In Wednesday trading, Morgan Stanley resumes coverage with an Overweight rating and $145 price target, noting the stock trades at a roughly 55% discount to the broader market, nearly double historical levels despite cash flow/equity growth. 50% higher than the Standard & Poor's Index.

The post Exxon trading at big discount to broader market, Morgan Stanley says in buy rating first appeared on Investorempires.com.

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