2022-04-25 06:54:31 OXY Occidental Petroleum
04/25/22 04/2506:54 04/25/2206:54 | Occidental Petroleum price target raised to $71 from $58 at SusquehannaSusquehanna analyst Biju Perincheril raised the firm's price target on Occidental Petroleum to $71 from $58 and keeps a Positive rating on the shares. The analyst raised his oil and gas price target assumptions and said his Occidental target increase is based on roughly 5.5x his 2023 earnings, debt-adjusted cash flow (DACF) at his $80.00 WTI/$4.25 HH price deck, plus forecasted dividends over the next two years. |
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