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Jim Cramer expects Exxon to benefit from megadeal for Pioneer Natural Resources

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Jim Cramer expects Exxon to benefit from megadeal for Pioneer Natural Resources


Truist Securities on Thursday made a "thoughtful" argument in support of Exxon Mobil 's (XOM) decision to acquire Pioneer Natural Resources (PXD), CNBC's Jim Cramer said. The analysts at Truist upgraded their rating on Exxon's stock to buy from hold and boosted their price target to $131 per share…

#truistsecurities #exxonmobil #xom #pxd #jimcramer #truist #exxon #pioneer #squawkonstreet #permianbasin

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