Mizuho lowered the firm’s price target on APA Corp. to $42 from $49 and keeps an Underperform rating on the shares. The firm modestly lowered its 2024 oil forecast by 4% and have updated its medium-term forecasts to reflect a more moderate pace of growth in Egypt.
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Read More on APA:
- APA Corp. reports Q3 adjusted EPS $1.33, consensus $1.13
- APA Corporation Announces Third-Quarter 2023 Financial and Operational Results
- Apache Corporation Tree Grant Program Announces 2023 Recipients
- APA Earnings this Week: How Will it Perform?
- Apache call volume above normal and directionally bullish
