Citi lowered the firm’s price target on APA Corp. to $42 from $57 and keeps a Buy rating on the shares. The analyst recommends investors focus on "catalysts and quality" within the exploration and production space. Capital efficiency should improve for domestic E&Ps on lower service rates, the analyst tells investors in a research note.
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on APA: