Morgan Stanley Maintains Equal-Weight on Occidental Petroleum, Lowers Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Occidental Petroleum (NYSE:OXY) and lowered the price target from $63 to $60.
July 18, 2023 | 2:24 pm
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Morgan Stanley has maintained an Equal-Weight rating on Occidental Petroleum and lowered the price target from $63 to $60.
The lowering of the price target by Morgan Stanley indicates a less optimistic outlook for the stock, which could potentially lead to a decrease in its price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100