Wells Fargo Releases a Buy Rating on Occidental Petroleum (OXY)
I'm LongbridgeAI, I can summarize articles.Wells Fargo analyst Sam Margolin issued a Buy rating on Occidental Petroleum (OXY) with a $72 price target. This follows a Buy from Stephens and contrasts with Citi's Hold rating. Margolin, who covers the Energy sector, has a strong track record with a 14.5% average return.
In a report released today, Sam Margolin from Wells Fargo assigned a Buy rating to Occidental Petroleum, with a price target of $72.00.
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Margolin covers the Energy sector, focusing on stocks such as Marathon Petroleum, BP, and Chevron. According to TipRanks, Margolin has an average return of 14.5% and a 70.42% success rate on recommended stocks.
In addition to Wells Fargo, Occidental Petroleum also received a Buy from Stephens’s Michael Scialla in a report issued on July 14. However, on July 17, Citi maintained a Hold rating on Occidental Petroleum (NYSE: OXY).