Mizuho analyst William Janela lowered the firm’s price target on APA Corp. to $34 from $36 and keeps an Underperform rating on the shares. The analyst updated the company’s model to reflect year-end reserves, updated type curves and 2024 guidance updates, as well as the anticipated April 1 closing date for the CPE acquisition.
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Read More on APA:
- APA Corp. price target lowered to $33 from $36 at Piper Sandler
- APA Corporation Announces Timeline For Closing of Callon Petroleum Company Transaction; Issues Investor Slide Deck Highlighting Top-Tier Permian Performance
- APA Corp. reports Q4 adjusted EPS $1.15, consensus $1.35
- APA Corporation Announces Fourth-Quarter and Full-Year 2023 Financial and Operational Results
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