BMO Capital Raises Occidental Petroleum (OXY) Price Target to $60

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BMO Capital has raised its price target for Occidental Petroleum (OXY) to $60 from $48, while maintaining a “Market Perform” rating. This 25% increase reflects BMO Capital’s confidence in the company. Other analysts have also adjusted their price targets for OXY recently, with the average one-year target among 24 analysts being $52.01.

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