UBS has maintained a Neutral rating on Occidental Petroleum (OXY) but increased its price target to $49.00 from $43.00, representing a 13.95% change. This adjustment comes amidst fluctuating analyst ratings from other firms like Piper Sandler, Susquehanna, and Morgan Stanley. The average target price from 24 analysts is $50.38, while GuruFocus estimates a one-year GF Value of $38.45, suggesting a potential downside.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
UBS Raises Price Target for Occidental Petroleum (OXY) to $49.00
UBS has maintained a Neutral rating on Occidental Petroleum (OXY) but increased its price target to $49.00 from $43.00, representing a 13.95% change. This adjustment comes amidst fluctuating analyst ratings from other firms like Piper Sandler, Susquehanna, and Morgan Stanley. The average target price from 24 analysts is $50.38, while GuruFocus estimates a one-year GF Value of $38.45, suggesting a potential downside.