Morgan Stanley analyst Devin McDermott maintained a Hold rating on Occidental Petroleum (OXY – Research Report) today and set a price target of $71.00. The company's shares closed last Tuesday at $61.97. According to TipRanks.com, McDermott is a 5-star analyst with an average return of 8.4% and a 56.0% success rate. McDermott covers the Utilities sector, focusing on stocks such as Excelerate Energy, Inc. Class A, Continental Resources, and Southwestern Energy. The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Occidental Petroleum with a $75.83 average price target, representing a 26.1% upside.
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Occidental Petroleum (NYSE:OXY)
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