Primecap Management Co. reduced its stake in Exxon Mobil by 7.9% during the fourth quarter, selling over 560,000 shares. At the end of the quarter, Primecap held 6,522,990 shares worth $701.7 million.
Barclays lowered the firm’s price target on Exxon Mobil (XOM) to $135 from $137 and keeps an Overweight rating on the shares. The firm adjusted ...
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