JP Morgan Maintains Neutral on APA, Lowers Price Target to $27
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains a Neutral rating on APA Corporation (NASDAQ:APA) and lowers the price target from $36 to $27.
September 12, 2024 | 3:56 pm
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JP Morgan has maintained a Neutral rating on APA Corporation but has lowered the price target from $36 to $27, indicating a less optimistic outlook.
The lowering of the price target by JP Morgan suggests a less favorable view on APA's future performance, which could lead to a negative short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100