Morgan Stanley Maintains Equal-Weight on APA, Lowers Price Target to $37
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on APA (NASDAQ:APA) and lowered the price target from $38 to $37.
July 18, 2023 | 1:40 pm
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Morgan Stanley has maintained an Equal-Weight rating on APA and lowered the price target from $38 to $37.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of APA in the short term as it indicates a lower valuation for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100