ExxonMobil Slumps to 19th in Trading Volume Ranking as TD Cowen Boosts Price Target

On June 23, 2025, ExxonMobil (XOM) experienced a significant decline, with its trading volume dropping by 38.57% to 25.33 billion, placing it at the 19th position in the day's stock market rankings. The stock price fell by 2.62%.

TD Cowen, a prominent financial services firm, has increased its price target for ExxonMobil from $120 to $128, while maintaining a Buy rating. This adjustment reflects the firm's confidence in the company's strategic initiatives and earnings strength. The new price target is part of a broader analyst consensus that sees ExxonMobil as a strong investment opportunity in the energy sector.