Bernstein Downgrades APA to Market Perform, Lowers Price Target to $50
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Bob Brackett has downgraded APA (NASDAQ:APA) from Outperform to Market Perform and lowered the price target from $51 to $50.
October 17, 2023 | 8:16 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
APA has been downgraded by Bernstein from Outperform to Market Perform, with a lowered price target of $50.
The downgrade from Outperform to Market Perform by Bernstein, along with a lowered price target, indicates a less optimistic outlook for APA. This could potentially lead to a decrease in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100