Wells Fargo Maintains Equal-Weight on Occidental Petroleum, Lowers Price Target to $65
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read maintains an Equal-Weight rating on Occidental Petroleum (NYSE:OXY) but lowers the price target from $68 to $65.
August 09, 2024 | 3:43 pm
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Wells Fargo has maintained an Equal-Weight rating on Occidental Petroleum but has lowered the price target from $68 to $65.
The lowered price target from $68 to $65 suggests a less optimistic outlook for Occidental Petroleum's stock performance, which could lead to a short-term negative impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100