Susquehanna Maintains Positive on Occidental Petroleum, Lowers Price Target to $78
Portfolio Pulse from Benzinga Newsdesk
Susquehanna analyst Biju Perincheril maintains a Positive rating on Occidental Petroleum (NYSE:OXY) but lowers the price target from $81 to $78.
September 04, 2024 | 2:01 pm
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NEUTRAL IMPACT
Susquehanna analyst Biju Perincheril maintains a Positive rating on Occidental Petroleum but lowers the price target from $81 to $78, indicating a slightly less optimistic outlook.
The analyst's decision to maintain a Positive rating suggests continued confidence in Occidental Petroleum's performance, but the lowered price target indicates a slightly less optimistic view on its short-term price potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100