Occidental Petroleum earnings top estimates despite fall in oil and gas profit
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Occidental Petroleum (OXY) PT Lowered to $54 at CFRA
November 13, 2024 4:16 PM ESTCFRA 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
