Citi Raises Target on Occidental to $93 as Restructuring Now 'Largely Priced In'
July 10, 2013 at 15:36 PM EDT
Citi's Faisel Khan boosted his price target on shares of Occidental Petroleum (NYSE: OXY ) from $82 to $93 Wednesday morning despite highlighting limited upside in the stock. Khan believes the company's restructuring is now mostly baked into the stock price. Khan believes Occidental's cost-cutting efforts could unlock value
