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Fly News Breaks for September 12, 2016
COP, OXY
Sep 12, 2016 | 06:08 EDT
JPMorgan analyst Phil Gresh downgraded Occidental Petroleum (OXY( to Underweight saying the valuation is stretched. The stock at current levels fully reflects the company's growth and balance sheet benefits, Gresh tells investors in a research note. He upped his price target for the shares to $78 from $77. Gresh this morning also upgraded ConocoPhillips (COP) to Overweight.
News For OXY;COP From the Last 2 Days
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