Benchmark Maintains Buy on APA, Lowers Price Target to $43
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Subash Chandra has maintained a Buy rating on APA Corporation (NASDAQ:APA) but has reduced the price target from $46 to $43.
November 13, 2023 | 2:15 pm
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Benchmark analyst Subash Chandra maintains a Buy rating on APA Corporation but lowers the price target from $46 to $43.
While the reduction in price target could suggest a slightly less optimistic outlook on APA Corporation's stock price potential, the maintenance of a Buy rating indicates that the overall sentiment remains positive. The impact on the stock price is likely to be neutral in the short term as the positive recommendation balances the lower price target.
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IMPORTANCE 75
RELEVANCE 100