Truist Securities Maintains Hold on Occidental Petroleum, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Occidental Petroleum (NYSE:OXY) while lowering its price target from $65 to $56.
September 30, 2024 | 3:00 pm
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Truist Securities has maintained a Hold rating on Occidental Petroleum and reduced its price target from $65 to $56, indicating a less optimistic outlook.
The reduction in price target from $65 to $56 by Truist Securities suggests a less favorable view on Occidental Petroleum's future performance, which could lead to a negative short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100