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Fly News Breaks for October 12, 2015
SU, COP, XOM
Oct 12, 2015 | 05:47 EDT
Barclays analyst Paul Cheng upgraded Exxon Mobil (XOM) to Equal Weight citing the oil major's relative dividend yield. Cheng raised his price target for shares to $85 from $80. The analyst, however, prefers shares of ConocoPhillips (COP) or Suncor (SU) over Exxon (XOM).