Alvinlimsg
03-16 22:43
$Occidental(OXY)$ In another development, Occidental Petroleum Corporation (NYSE:OXY) was upgraded to Overweight from Neutral by Piper Sandler on March 12, with the firm lifting the price target on the stock to $66 from $54. The firm raised its mid-cycle crude price forecast to $75 per barrel from $70 amid conflict in Iran, expecting lasting supply impacts. It attributed the upgrade to its increased price deck and stated that higher prices are required to incentivize investment in production.
OXY
03-16 22:42
USOccidental
SidePriceRealized P&L
Buy
Open
57.87-0.24%
Holding
Occidental
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Comments

  • CaesarHicks
    03-16 23:24
    CaesarHicks
    Occidental's upgrade is huge! Bullish outlook here. [开心]
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