Raymond James raised the firm’s price target on APA Corp. (APA) to $25 from $23 and keeps an Outperform rating on the shares. APA posted a solid quarter beating on production and EPS, while 2025 capital expenditure guidance was reduced due to the weaker oil environment, the analyst tells investors in a research note.
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Read More on APA:
- Apache call volume above normal and directionally bullish
- APA Corp. price target raised to $18 from $15 at Citi
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- Positive Outlook for APA: Strategic Moves and Financial Performance Drive Buy Rating
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