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Fly News Breaks for June 8, 2018
OXY
Jun 8, 2018 | 10:49 EDT
MUFG analyst Michael McAllister raised his price target for Occidental Petroleum to $93 citing the company's Q1 results, which he views as a "success across the board," and the substantial Midland - Magellan East Houston spreads. Occidental is ahead of schedule in delivering on its targeted breakeven status by Q3, McAllister tells investors in a research note. The analyst keeps a Neutral rating on the shares.
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