Wells Fargo Maintains Overweight on APA, Raises Price Target to $53
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Overweight rating on APA Corporation (NASDAQ:APA) and raised the price target from $52 to $53.
September 01, 2023 | 1:05 pm
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POSITIVE IMPACT
Wells Fargo has maintained an Overweight rating on APA Corporation and raised the price target from $52 to $53, which could positively impact the stock.
The Overweight rating maintained by Wells Fargo indicates that the firm believes APA Corporation's stock will outperform the market in the future. The increase in the price target from $52 to $53 suggests that the firm sees further upside potential for the stock. This news is likely to be viewed positively by investors and could lead to an increase in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100