Susquehanna raised the firm’s price target on Occidental (OXY) to $55 from $54 and keeps a Positive rating on the shares. The firm, which is updating estimates and price targets before Q3 earnings for its E&P coverage, is lowering its Q4 WTI price assumption to $62.50 per barrel, while maintaining its 2026 assumption at $65 per barrel.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on OXY:
- Occidental initiated with an Underweight at Wells Fargo
- CoreWeave (CRWV) Teams Up with Nvidia-Backed Poolside to Build Massive Data Center
- Occidental Petroleum: Hold Rating Amid Balanced Prospects and Strategic Caution
- CVX, BP, OXY: International Energy Agency Warns of Oil Glut
- Occidental Petroleum: Balancing Strong Q3 Prospects with Debt Concerns and Strategic Deleveraging