Wall Street Analysts Are Neutral on Top Energy Picks
Analysts fell to the sidelines weighing in on Civitas Resources (CIVI – Research Report) and Occidental Petroleum (OXY – Research Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.
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Civitas Resources (CIVI)
Piper Sandler analyst Mark Lear maintained a Hold rating on Civitas Resources today and set a price target of $27.00. The company’s shares closed last Tuesday at $26.48.
According to TipRanks.com, Lear is a 4-star analyst with an average return of
Currently, the analyst consensus on Civitas Resources is a Hold with an average price target of $35.00, a 32.4% upside from current levels. In a report released yesterday, TipRanks – OpenAI also downgraded the stock to Hold with a $29.00 price target.
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Occidental Petroleum (OXY)
In a report released today, Ryan Todd from Piper Sandler maintained a Hold rating on Occidental Petroleum, with a price target of $46.00. The company’s shares closed last Tuesday at $42.24.
According to TipRanks.com, Todd is a 5-star analyst with an average return of
Currently, the analyst consensus on Occidental Petroleum is a Hold with an average price target of $46.00, implying a 7.6% upside from current levels. In a report issued on January 16, Scotiabank also maintained a Hold rating on the stock with a $46.00 price target.
