Morgan Stanley Adjusts Occidental Petroleum Price Target to $73 From $53, Maintains Equal Weight Rating

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Morgan Stanley has increased its price target for Occidental Petroleum to $73 from $53, while maintaining an “Equal Weight” rating on the stock. This adjustment reflects an updated outlook by the financial institution on the oil and gas company. Occidental Petroleum is a major oil and gas exploration and production company, with significant operations in the United States.

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