Analysts Are Downgrading These 5 Oil and Gas Stocks

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1. Occidental Petroleum Corporation (NYSE:OXY)

Number of Hedge Fund Holders: 58

Occidental Petroleum Corporation (NYSE:OXY) is currently in the news after it was reported that legendary investor Warren Buffett invested a whopping $4.5 billion into the Texas-based energy companies in just five days.  The Wall Street Journal also reported that activist investor Carl Icahn has sold his entire stake in Occidental Petroleum Corporation (NYSE:OXY). As of the end of the fourth quarter, Icahn had a $1.3 billion stake in the company.

BofA analyst Doug Leggate recently downgraded Occidental Petroleum Corporation (NYSE:OXY) to Neutral from Buy with a price target of $80, up from $65.

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