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Mizuho Securities Remains a Hold on Occidental Petroleum (OXY)

The Globe and Mail · last updated

Mizuho Securities analyst Nitin Kumar CFA maintained a Hold rating on Occidental Petroleum yesterday and set a price target of $65.00. The company’s shares closed yesterday at $45.07.

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Kumar CFA covers the Energy sector, focusing on stocks such as Civitas Resources, Coterra Energy, and Murphy Oil. According to TipRanks, Kumar CFA has an average return of 5.9% and a 59.05% success rate on recommended stocks.

In addition to Mizuho Securities, Occidental Petroleum also received a Hold from Roth MKM’s Leo Mariani in a report issued yesterday. However, on June 30, Goldman Sachs maintained a Sell rating on Occidental Petroleum (NYSE: OXY).

The company has a one-year high of $64.76 and a one-year low of $34.79. Currently, Occidental Petroleum has an average volume of 11.34M.

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