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Analysts Have Conflicting Sentiments on These Energy Companies: Occidental Petroleum (OXY), Targa Resources (TRGP) and Solaris Energy Infrastructure (SEI)

Tipranks - Wed Apr 8, 3:14AM CDT

Analysts have been eager to weigh in on the Energy sector with new ratings on Occidental Petroleum (OXY), Targa Resources (TRGP) and Solaris Energy Infrastructure (SEI).

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Occidental Petroleum (OXY)

In a report released today, Betty Jiang from Barclays maintained a Hold rating on Occidental Petroleum, with a price target of $59.00. The company’s shares closed last Monday at $62.96.

According to TipRanks.com, Jiang is a 4-star analyst with an average return of 5.0% and a 53.0% success rate. Jiang covers the NA sector, focusing on stocks such as California Resources Corp, Antero Resources, and BKV Corporation. ;'>

Occidental Petroleum has an analyst consensus of Hold, with a price target consensus of $59.37, representing a -5.6% downside. In a report issued on March 24, Truist Financial also initiated coverage with a Hold rating on the stock with a $65.00 price target.

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Targa Resources (TRGP)

In a report released today, Theresa Chen from Barclays maintained a Buy rating on Targa Resources, with a price target of $255.00. The company’s shares closed last Monday at $245.65.

According to TipRanks.com, Chen is a top 100 analyst with an average return of 18.6% and a 76.3% success rate. Chen covers the NA sector, focusing on stocks such as Excelerate Energy, Inc. Class A, LandBridge Company LLC Class A, and Enterprise Products Partners. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Targa Resources with a $253.93 average price target, which is a 4.6% upside from current levels. In a report issued on March 24, Truist Financial also initiated coverage with a Buy rating on the stock with a $279.00 price target.

Solaris Energy Infrastructure (SEI)

Barclays analyst David Anderson reiterated a Buy rating on Solaris Energy Infrastructure today and set a price target of $74.00. The company’s shares closed last Monday at $55.16.

According to TipRanks.com, Anderson is a 4-star analyst with an average return of 5.6% and a 51.8% success rate. Anderson covers the NA sector, focusing on stocks such as National Energy Services Reunited, Weatherford International, and Baker Hughes Company. ;'>

Solaris Energy Infrastructure has an analyst consensus of Strong Buy, with a price target consensus of $67.78, which is a 21.5% upside from current levels. In a report issued on April 1, TipRanks – PerPlexity also reiterated a Buy rating on the stock with a $60.00 price target.

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