Evercore ISI Group Maintains Underperform on Occidental Petroleum, Lowers Price Target to $63
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group has maintained an 'Underperform' rating on Occidental Petroleum and lowered its price target from $67 to $63.
September 30, 2024 | 5:48 pm
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Evercore ISI Group has maintained an 'Underperform' rating on Occidental Petroleum and lowered its price target from $67 to $63, indicating a bearish outlook.
The 'Underperform' rating suggests that the stock is expected to perform worse than the market. The lowered price target from $67 to $63 indicates a negative outlook on the stock's future performance, which could lead to a decrease in investor confidence and a potential drop in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100