Upgrades

Goldman Upgrades Exxon To Buy For The First Time In Four Years As Cycle Begins To Turn

Just one day after Wells Fargo issued a rare upgrade on beaten down energy giant Exxon, late on Tuesday Goldman did what it hasn’t done since 2016, and it upgraded Exxon from Neutral to a Buy – just two months after it upgraded the major from a Sell – with a $52 price target given…