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'It makes me proud': Indians happy Kamala Harris on VP ticket

Pramod Thomas
By Pramod ThomasAug 14, 2020
Pramod Thomas

Pramod Thomas is an assistant editor at Eastern Eye, where he covers British Asian affairs and key developments in UK politics and business. With two decades of journalism experience, his areas of interest include business, international affairs, current events, arts and culture. 

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Indians in New Delhi react to US Senator Kamala Harris being chosen by Joe Biden as his Democratic vice-presidential candidate.

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Goldman Sachs turns bullish on Occidental Petroleum with $69 price target. Here’s why

  • Goldman Sachs raised Occidental’s price target from $63 to $69.
  • The bank sees potential for $4bn in additional cash flow by 2030.
  • Occidental has cut its principal debt to $11.8bn and is targeting further reductions.

Goldman Sachs has turned bullish on Occidental Petroleum, upgrading the oil and gas producer from Neutral to Buy and raising its price target from $63 to $69.

The call, made by Goldman analyst Neil Mehta on Thursday (1), comes as Occidental works to reduce its debt while improving the efficiency of its oil and gas operations. Goldman also pointed to the company’s potential for dividend growth and its differentiated approach to enhanced oil recovery.

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