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Investing.com -- Occidental Petroleum was upgraded to "Outperform" from "Underperform" by Evercore ISI, which also raised its price target to $65 from $58, arguing the oil producer is poised to benefit from a stronger balance sheet and improved capital efficiency after an extended period of underperformance.
Wall Street spent most of 2025 sour on Occidental Petroleum (OXY), but that's changing. Today, May 26, Barclays became the third major bank in six trading days to flip its stance on Warren Buffett's largest single oil holding. The firm lifted OXY to Overweight from Equalweight and raised its price ...
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