Mizuho Maintains Neutral on Occidental Petroleum, Lowers Price Target to $72
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Occidental Petroleum (NYSE:OXY) while lowering the price target from $76 to $72.

September 16, 2024 | 1:27 pm
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NEGATIVE IMPACT
Mizuho analyst Nitin Kumar has maintained a Neutral rating on Occidental Petroleum and lowered the price target from $76 to $72, indicating a cautious outlook.
The lowering of the price target from $76 to $72 by Mizuho suggests a less optimistic view on Occidental Petroleum's short-term performance. This could lead to a negative sentiment among investors, potentially putting downward pressure on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100