Analyst Expectations for APA's Future
Portfolio Pulse from Benzinga Insights
APA (NASDAQ:APA) has received a mix of analyst ratings in the last quarter, with 4 bullish, 2 somewhat bullish, 6 indifferent, and 3 somewhat bearish ratings. No bearish ratings were reported. The average 12-month price target for APA among 15 analysts is $48.07, with a high of $59.00 and a low of $38.00. This target has increased by 5.32% over the past month, indicating a positive shift in analyst sentiment.
November 13, 2023 | 5:00 pm
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POSITIVE IMPACT
APA Corp has a mixed outlook from analysts, but the average price target has increased recently, suggesting a positive sentiment shift.
The increase in the average price target over the past month and the predominance of bullish and somewhat bullish ratings over bearish ones suggest that analysts are generally optimistic about APA's future performance. This could lead to increased investor confidence and a potential short-term rise in APA's stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100