Exxon Mobil (XOM) Stock Today: UBS $145 Target, West Qurna Talks and 2026 Oil Glut Fears – December 3, 2025 Update
Exxon Mobil traded near $117.9 per share intraday on December 3, 2025, up 2.2%, with a market cap just under $490 billion. UBS initiated coverage with a “Buy” rating and $145 target, joining other bullish brokerages. The stock sits close to its 52-week high of $120.81. Institutional investors have increased positions, while analysts debate Exxon’s prospects amid warnings of lower crude prices by 2026.