Truist Securities Maintains Buy on APA, Raises Price Target to $59
Portfolio Pulse from richadhand@benzinga.com
Truist Securities analyst Neal Dingmann maintains a 'Buy' rating on APA Corporation (NASDAQ:APA) and has raised the price target from $56 to $59.
August 04, 2023 | 4:58 pm
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POSITIVE IMPACT
Truist Securities has maintained a 'Buy' rating on APA Corporation and raised the price target from $56 to $59, indicating positive sentiment towards the stock.
The raised price target by Truist Securities indicates a positive outlook for APA Corporation. This could potentially lead to an increase in the stock price in the short term as it suggests that the analyst believes the stock is undervalued at its current price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100