Stephens analyst Mike Scialla raised the firm’s price target on Occidental Petroleum (OXY) to $71 from $70 and keeps an Overweight rating on the shares. The Q3 release was “mostly positive,” with production, cash flow per share and free cash flow 2%, 10%, and 31% above consensus, respectively, the analyst tells investors.
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Read More on OXY:
- OXY Earnings: Occidental Petroleum Smashes EPS Estimates
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