Exxon Mobil Corp (NYSE:XOM) is the largest oil company by market capitalization and the biggest of the “Super-Majors,” which includes Chevron Corporation (NYSE:CVX), according to RBC Capital Markets.
The Energy Analyst: Biraj Borkhataria upgraded the rating for Exxon Mobil from Sector Perform to Outperform, while raising the price target from $90 to $100. In a separate note, analyst Borkhataria downgraded the rating for Chevron from Outperform to Sector Perform, while raising the price target from $160 to $165.
