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Why Occidental Petroleum's Stock Is Trading Higher Today

May 17, 2021 3:12 pm
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Occidental Petroleum (NYSE:OXY) shares are trading higher after Societe Generale upgraded the stock from Hold to Buy and announced a price target of $30 per share.

Occidental Petroleum's stock is trading up 4.16% to a price of $26.0. The stock's volume is currently 10.27 million, which is roughly 59.73% of its recent 30-day volume average of 17.20 million.

The 50-day moving average price of Occidental Petroleum's stock was $26.42 when this article was published. The stock reached a high of $32.52 and a low of $8.52 in the past 52 weeks.

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