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Fly News Breaks for March 23, 2018
OXY
Mar 23, 2018 | 07:17 EDT
Deutsche Bank analyst Ryan Todd upgraded Occidental Petroleum to Buy with an unchanged price target of $84. The analyst notes the stock trades at a 30% discount to his price target. With a "positive rate of change across" all three of Occidental's businesses, and recent underperformance of the shares, the valuation is in a "place of relative attractiveness," Todd tells investors in a research note.
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