Exxon Mobil (XOM) Surges 6% in Just 30 Days – Is $125 the Next Stop?
Big Oil's favorite dinosaur isn't extinct yet. Exxon Mobil (XOM) just racked up a 6% gain in a single month—leaving analysts scrambling to adjust their price targets. Could $125 be the next psychological barrier to fall?
Wall Street's love affair with fossil fuels continues—because who needs ESG scores when you've got cold hard cash? The stock's recent momentum suggests traders are betting on oil's stubborn refusal to die quietly. But with energy markets tighter than a hedge fund's risk management policy, XOM might just have room to run.
One thing's certain: in a world obsessed with tech unicorns, this 138-year-old energy behemoth just reminded everyone that black gold still moves markets. Whether that's progress or nostalgia depends on which side of the trade you're on.