Truist Securities Maintains Buy on Occidental Petroleum, Lowers Price Target to $82
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Neal Dingmann maintains a Buy rating on Occidental Petroleum (NYSE:OXY) but lowers the price target from $85 to $82.

June 06, 2023 | 1:12 pm
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NEUTRAL IMPACT
Truist Securities maintains a Buy rating on Occidental Petroleum (NYSE:OXY) but lowers the price target from $85 to $82.
The news of Truist Securities maintaining a Buy rating on Occidental Petroleum indicates a positive outlook for the company. However, the lowering of the price target from $85 to $82 may create some uncertainty among investors, leading to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100