Occidental Petroleum (OXY) Sees Price Target Raised by UBS Analy

NodeGuardian · 2026-03-14T03:02:34+00:00

UBS analyst Josh Silverstein upgraded Occidental Petroleum's price target from $49 to $55 but maintains a Neutral rating. Despite increasing targets, the average suggests a possible downside of 3.70%, with GuruFocus estimating a 20.14% downside.

NodeGuardian

2026-03-14 03:02:34

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UBS analyst Josh Silverstein has maintained a Neutral rating on Occidental Petroleum (OXY) but raised the price target from $49.00 to $55.00, an increase of 12.24%. This follows a trend of several analysts increasing their price targets for OXY in late February 2026, signaling growing confidence in the company’s stock potential. Despite these increases, the average target price from 24 analysts ($52.06) suggests a potential downside of 3.70% from the current price, and GuruFocus estimates a 20.14% downside based on its GF Value of $43.17.

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