Citigroup Maintains Neutral on Occidental Petroleum, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Scott Gruber maintains a Neutral rating on Occidental Petroleum (NYSE:OXY) but lowers the price target from $69 to $65.
May 24, 2024 | 3:56 pm
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NEUTRAL IMPACT
Citigroup analyst Scott Gruber maintains a Neutral rating on Occidental Petroleum (NYSE:OXY) and lowers the price target from $69 to $65.
The Neutral rating suggests no strong buy or sell recommendation, while the lowered price target indicates a slightly less optimistic outlook. This could result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100