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Fly News Breaks for June 11, 2018
OXY
Jun 11, 2018 | 06:32 EDT
Jefferies analyst Jason Gammel upgraded Occidental Petroleum to Buy and raised his price target for the shares to $98 from $87. The analyst believes Occidental offers a "compelling balance" of growth and free cash generation. Further, he expects the company to begin repurchasing shares later this year.