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APA Corp. price target lowered to $24 from $27 at RBC Capital
TipRanks
Sat, Apr 12, 2025, 6:55 AM 1 min read
In This Article:
RBC Capital lowered the firm’s price target on APA Corp. (APA) to $24 from $27 and keeps a Sector Perform rating on the shares. The recent market volatility and lower oil prices could result in further activity reductions, if sub-$60/barrel oil price persists, though the management’s recent streamlining is underway with significant G&A reduction in place, the analyst tells investors in a research note.
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