RBC Capital raised the firm’s price target on APA Corp. (APA) to $26 from $25 and keeps a Sector Perform rating on the shares. The company continues to turn the ship with better performance occurring over the last few quarters that likely continues, and while investor sentiment remains mixed, the investment case is improved given de-risking of quarterly performance, more operational consistency, and several forward catalysts, the analyst tells investors in a research note.
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