Occidental Petroleum (OXY) Tops Q3 EPS by 26c

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Go back to Occidental Petroleum (OXY) Tops Q3 EPS by 26c

Occidental Petroleum (OXY) PT Lowered to $54 at CFRA

November 13, 2024 4:16 PM EST

CFRA analyst Stewart Glickman lowered the price target on Occidental Petroleum (NYSE: OXY) to $54.00 (from $56.00) while maintaining a Hold rating.

The analyst comments "Our 12-month target of $54, cut $2, reflects a 6.4x multiple of EV to projected 2025 EBITDA, in line with OXY's historical forward... More