Analyst Expectations For APA's Future
Portfolio Pulse from Benzinga Insights
In the last three months, 21 analysts have published ratings on APA (NASDAQ:APA), showing a range of perspectives from bullish to bearish. The average 12-month price target is $40.95, reflecting a 2.22% increase from the previous average. Recent analyst actions include both raises and lowers in ratings and price targets, indicating mixed sentiments. APA faces challenges in revenue growth and net margin but shows strong return on equity.
May 24, 2024 | 4:01 pm
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APA (NASDAQ:APA) has received mixed ratings from 21 analysts over the past three months, with an average 12-month price target of $40.95, a 2.22% increase. The company faces revenue growth and net margin challenges but shows strong return on equity.
The mixed analyst ratings and slight increase in the average price target suggest a neutral short-term impact on APA's stock price. While the company faces challenges in revenue growth and net margin, its strong return on equity provides a positive counterbalance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100