BofA Trims Occidental Petroleum (OXY) Target to $44

On December 11, BofA expert Jean Ann Salisbury trimmed her terms people connected Occidental Petroleum Corporation (NYSE:OXY) to $44 from $45. The expert kept a Neutral standing connected OXY.

Back successful October, Berkshire Hathaway and Occidental Petroleum Corporation (NYSE:OXY) announced a woody successful which Berkshire volition bargain Occidental’s chemic division, OxyChem, for $9.7 cardinal successful cash, pending modular adjustments. OxyChem, a large planetary shaper of indispensable commodity chemicals, manufactures products utilized successful everything from h2o attraction and healthcare to pharmaceuticals and construction.

During the company’s Q3 2025 net update, CEO Vicki Hollub said the merchantability of OxyChem marks a large measurement successful the company’s broader strategical displacement and besides noted that the determination volition assistance the institution fortify its equilibrium sheet, bump up returns to shareholders, and escaped up superior for high-return projects successful its halfway lipid and state operations.

Occidental Petroleum Corporation (NYSE:OXY) is simply a planetary vigor subordinate with operations chiefly successful the United States, the Middle East, and North Africa.

While we admit the imaginable of OXY arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you’re looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

READ NEXT: 15 Best Stocks to Buy for the Long Term and11 Best Low Priced Dividend Stocks to Buy According to Analysts.

Disclosure: None.