Deutsche Bank Upgrades Occidental Petroleum (OXY) to Buy

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Oppenheimer Maintains Outperform on Occidental Petroleum (OXY) as They Look to Boost Valuation

June 3, 2015 8:33 AM EDT

Oppenheimer maintains an Outperform rating and $95.00 price target on Occidental Petroleum (NYSE: OXY). OXY is hoping to boost valuation with permain growth and share buybacks.

Analyst Fadel Gheit commented, "We expect OXY to generate operating cash flow of $5.6B this year and... More