Occidental Petroleum, APA downgraded at Raymond James on weaker oil outlook

Occidental Petroleum (NYSE:OXY) and APA Corp. (APA) are both modestly higher in Monday’s trading, +0.6% and +0.9% respectively, despite receiving downgrades to Outperform from Strong Buy with respective $64 and $32 price targets, cut from $81 and $45, at Raymond James, saying the