APA Corp. price target lowered to $32 from $33 at Roth MKM

Roth MKM lowered the firm’s price target on APA Corp. (APA) to $32 from $34 and keeps a Buy rating on the shares following the Q4 report. APA’s production guidance is below consensus, the analyst tells investors in a research note. The firm raised 2025 earnings estimates on lower costs, however, and points out APA trades at a discount to peers.