Barclays Downgrades Occidental Petroleum To Equal-weight

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Analysts at Barclays downgraded Occidental Petroleum
OXY
from Overweight to Equal-weight. The target price for Occidental Petroleum has been lowered from $117 to $109. Occidental Petroleum shares have gained 8.03% over the past 52 weeks, while the S&P 500 index has jumped 16.88% in the same period. Occidental Petroleum's shares fell 0.84% to $97.46 in pre-market trading.
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Posted In: DowngradesAnalyst RatingsBarclays
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