Truist Securities Downgrades Occidental Petroleum to Hold, Lowers Price Target to $69
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has downgraded Occidental Petroleum (NYSE:OXY) from Buy to Hold and lowered the price target from $84 to $69.
May 16, 2024 | 10:33 am
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Truist Securities has downgraded Occidental Petroleum from Buy to Hold and reduced the price target from $84 to $69.
The downgrade from Buy to Hold and the significant reduction in the price target from $84 to $69 by Truist Securities is likely to negatively impact investor sentiment and the short-term stock price of Occidental Petroleum.
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