Analysts are a funny bunch at times. Most rarely get around to actually issuing a sell signal on a stock. Instead they prefer a “hold”or “neutral” signal to stand for a “probable sell”. UBS on the other hand often lays out how they truly feel.
UBS downgraded Exxon Mobil Stock to a sell revising their price target from $86 down to $77 for the stock. They pointed to the stock’s valuation at $77 as being “normalized” for price to earnings.
The downgrade by UBS has opened up a number of trade opportunities which stretch right out to the leaps.
The rest of this Exxon Mobil Stock trade alert and article is for FullyInformed Members.
Exxon Mobil Stock (XOM) Trade Alerts for Jan 19 2017
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
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