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.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APA:
- Apache call volume above normal and directionally bullish
- APA Corp. price target raised to $18 from $15 at Citi
- APA Corp. price target lowered to $19 from $22 at Piper Sandler
- APA Corp. price target lowered to $19 from $20 at Mizuho
- Positive Outlook for APA: Strategic Moves and Financial Performance Drive Buy Rating