Goldman Sachs Downgrades APA to Sell, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta has downgraded APA (NASDAQ:APA) from Neutral to Sell and lowered the price target from $35 to $30.
July 12, 2023 | 12:26 pm
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APA's rating has been downgraded from Neutral to Sell by Goldman Sachs, with a lowered price target from $35 to $30.
The downgrade from Goldman Sachs, a major financial institution, is likely to negatively impact investor sentiment towards APA. The lowered price target suggests that Goldman Sachs sees less potential for growth in APA's stock price, which could lead to a sell-off.
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