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Analysts Conflicted on These Energy Names: North American Construction Group (NOA) and Occidental Petroleum (OXY)

Tipranks - Wed Apr 22, 10:34AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on North American Construction Group (NOA) and Occidental Petroleum (OXY).

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North American Construction Group (NOA)

In a report released today, Joseph Reagor from Roth MKM reiterated a Buy rating on North American Construction Group, with a price target of $25.00. The company’s shares closed last Tuesday at $13.73.

According to TipRanks.com, Reagor is a 5-star analyst with an average return of 30.9% and a 55.8% success rate. Reagor covers the Basic Materials sector, focusing on stocks such as Anglogold Ashanti PLC, Hecla Mining Company, and Avino Silver & Gold. ;'>

North American Construction Group has an analyst consensus of Strong Buy, with a price target consensus of $19.01.

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Occidental Petroleum (OXY)

Goldman Sachs analyst Neil Mehta maintained a Sell rating on Occidental Petroleum yesterday and set a price target of $57.00. The company’s shares closed last Tuesday at $55.45.

According to TipRanks.com, Mehta is a 5-star analyst with an average return of 11.0% and a 62.2% success rate. Mehta covers the NA sector, focusing on stocks such as Par Pacific Holdings, Marathon Petroleum, and Magnolia Oil & Gas. ;'>

Currently, the analyst consensus on Occidental Petroleum is a Hold with an average price target of $59.84.

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