UBS Maintains Neutral on Occidental Petroleum, Raises Price Target to $70
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Josh Silverstein maintains a Neutral rating on Occidental Petroleum (NYSE:OXY) and raises the price target from $69 to $70.
August 20, 2024 | 12:26 pm
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NEUTRAL IMPACT
UBS analyst Josh Silverstein has maintained a Neutral rating on Occidental Petroleum but has slightly increased the price target from $69 to $70.
The Neutral rating suggests that UBS does not expect significant short-term movement in OXY's stock price. The slight increase in the price target from $69 to $70 indicates a modestly positive outlook, but not enough to change the overall rating. This suggests a stable outlook for OXY in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100