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    Tuesday, November 17, 2009

    Exxon Mobil Upped To Overweight By Barclays

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    By Steve Goldstein
    MarketWatch Pulse
       

      LONDON -- Exxon Mobil was upped to overweight from equal-weight by Barclays Capital as the broker lifted its price target to $92 from $90. The broker expects organic production growth of more than 3% next year and an average growth rate of 2.6% between 2009 and 2013. Exxon also is attractively priced compared to broad market and other energy names.

      Copyright © 2009 MarketWatch, Inc.

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