Mizuho Maintains Underperform on APA, Lowers Price Target to $28
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst William Janela has maintained an 'Underperform' rating on APA Corporation and lowered the price target from $35 to $28.
September 16, 2024 | 1:18 pm
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Mizuho analyst William Janela has maintained an 'Underperform' rating on APA Corporation and lowered the price target from $35 to $28, indicating a bearish outlook.
The maintenance of an 'Underperform' rating and the reduction of the price target from $35 to $28 by Mizuho suggests a negative outlook on APA's stock performance. This is likely to lead to a short-term decrease in APA's stock price as investors react to the lowered expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100