Occidental Petroleum (NYSE:OXY) Price Target Raised to $54.00

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The Goldman Sachs Group has raised its price target for Occidental Petroleum (NYSE:OXY) from $41.00 to $54.00, though it maintains a “sell” rating on the stock, implying a potential downside of 1.99%. Other analysts have also adjusted their price targets, with several suggesting “hold” or “neutral” ratings and an average consensus target price of $51.86. The article also details recent trading performance, financial metrics, insider stock purchases, and institutional investor activity for Occidental Petroleum.

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