APA Corp. price target raised to $19 from $17 at Jefferies

Jefferies raised the firm’s price target on APA Corp. (APA) to $19 from $17 and keeps a Hold rating on the shares as part of a Q2 preview. The firm expects the company’s Q2 report to be solid but slightly below consensus. APA’s Egypt oil outlook coupled with Permian cost progress will likely be in focus for investors, the analyst tells investors in a research note.