Goldman Sachs Maintains Sell on APA, Lowers Price Target to $31
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Neil Mehta has maintained a Sell rating on APA Corporation (NASDAQ:APA) and lowered the price target from $35 to $31.
March 26, 2024 | 4:07 pm
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Goldman Sachs maintains a Sell rating on APA Corporation and reduces the price target from $35 to $31.
The reduction in price target by a significant margin from $35 to $31 by Goldman Sachs, a major financial institution, suggests a bearish outlook on APA Corporation. This could lead to a negative perception among investors, potentially causing a short-term decrease in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100