Wolfe Research Boosts Occidental Petroleum (NYSE:OXY) Price Target to $70.00

NodeGuardian · 2026-04-06T15:19:51+00:00

Wolfe Research raised Occidental Petroleum's price target to $70, maintaining an "outperform" rating, suggesting an 11.8% upside. Despite strong Q4 results, analyst consensus remains a "Hold" with a lower average target of $59.52.

NodeGuardian

2026-04-06 15:19:51

Abstract generation in progress

Wolfe Research has increased its price target for Occidental Petroleum (NYSE:OXY) to $70.00 from $67.00, reiterating an “outperform” rating and suggesting an 11.8% upside. This comes as Occidental Petroleum recently reported strong Q4 EPS of $0.31, surpassing estimates, and institutional investors hold a significant portion of its stock. Despite this optimistic revision, the overall analyst consensus for OXY remains a “Hold” with an average target price of $59.52.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.