Raymond James Maintains Strong Buy on APA, Lowers Price Target to $51
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst John Freeman has maintained a Strong Buy rating on APA (NASDAQ:APA) but lowered the price target from $53 to $51.

July 24, 2023 | 2:13 pm
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NEUTRAL IMPACT
APA's price target has been lowered from $53 to $51 by Raymond James, though the Strong Buy rating is maintained.
While the lowering of the price target might initially seem negative, the maintenance of the Strong Buy rating indicates that the analyst still sees significant potential in the stock. This could lead to a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100