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Analysts Offer Insights on NA Companies: Occidental Petroleum (OXY), Targa Resources (TRGP) and Energy Vault Holdings (NRGV)

Analysts have been eager to weigh in on the NA sector with new ratings on Occidental Petroleum (OXYResearch Report), Targa Resources (TRGPResearch Report) and Energy Vault Holdings (NRGVResearch Report).

Occidental Petroleum (OXY)

Scotiabank analyst Paul Cheng maintained a Hold rating on Occidental Petroleum today and set a price target of $67.00. The company’s shares closed last Tuesday at $60.20.

According to TipRanks.com, Cheng is a 5-star analyst with an average return of 6.0% and a 52.6% success rate. Cheng covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Clean Energy Fuels, and Montauk Renewables.

Currently, the analyst consensus on Occidental Petroleum is a Moderate Buy with an average price target of $71.43.

See today’s best-performing stocks on TipRanks >>

Targa Resources (TRGP)

In a report released today, Tristan Richardson from Scotiabank maintained a Buy rating on Targa Resources, with a price target of $108.00. The company’s shares closed last Tuesday at $85.52.

According to TipRanks.com, Richardson is a 4-star analyst with an average return of 4.4% and a 50.7% success rate. Richardson covers the NA sector, focusing on stocks such as Sunnova Energy International, Enterprise Products Partners, and Enphase Energy.

Targa Resources has an analyst consensus of Strong Buy, with a price target consensus of $106.25, implying a 23.3% upside from current levels. In a report issued on November 2, Mizuho Securities also maintained a Buy rating on the stock with a $105.00 price target.

Energy Vault Holdings (NRGV)

In a report released today, Thomas Boyes from TD Cowen maintained a Buy rating on Energy Vault Holdings, with a price target of $6.00. The company’s shares closed last Tuesday at $2.29.

According to TipRanks.com, Boyes ‘ ranking currently consits of 0 on a 0-5 ranking scale, with an average return of -44.7% and a 13.0% success rate. Boyes covers the Technology sector, focusing on stocks such as Array Technologies, ESS Tech, and Stem Inc.

The word on The Street in general, suggests a Hold analyst consensus rating for Energy Vault Holdings with a $6.00 average price target.

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