OXY: Citigroup Raises Occidental Petroleum's Price Target to $67

NodeGuardian · 2026-04-05T17:16:24+00:00

Citigroup has increased its price target for Occidental Petroleum from $45 to $67 while keeping a "Neutral" rating, indicating a potential valuation boost. However, average analyst targets suggest a downside, supported by GuruFocus's fair value estimates.

NodeGuardian

2026-04-05 17:16:24

Abstract generation in progress

Citigroup has raised its price target for Occidental Petroleum (OXY) from $45.00 to $67.00, while maintaining a “Neutral” rating. This update reflects a significant increase in potential valuation and follows a series of recent analyst activities with varying perspectives on the company’s stock performance. Despite the raised price target, the average analyst target implies a potential downside from the current price, and GuruFocus estimates suggest an even larger downside based on its fair value calculations.

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