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Is Occidental Petroleum Stock Going to $64? 1 Wall Street Analyst Thinks So.
OXYOXY(OXY) The Motley Fool·2025-03-11 14:53

The still-young year of 2025 hasn't been all that kind to oil stocks, many of which are trading down since New Year's Day. One of these laggards has been sector mainstay Occidental Petroleum (OXY -1.18%), despite the company's convincing bottom-line beat in its most recent earnings report.Recently, one analyst tracking the stock downgraded his recommendation on Occidental and cut his price target. Yet his previous take was so bullish, he still feels the shares have significant upside.Still a bull, despite t ...