RBC Capital analyst Scott Hanold raised the firm’s price target on APA Corp. (APA) to $24 from $23 and keeps a Sector Perform rating on the shares ahead of its Q3 results. The company has made significant strides in the scale and velocity of cost changes and is looking to build on the past quarter success, the analyst tells investors in a research note. Cash balances improve related to the payment that normalized Egypt receivables, although that does not flow through discretionary cash flow, the firm added.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on APA:
- APA Corp. price target raised to $26 from $22 at Scotiabank
- Hold Rating Maintained for APA Amid Mixed Financial Indicators and Strategic Adjustments
- SCHD ETF News, 10/8/2025
- Early notable gainers among liquid option names on September 24th
- Early notable gainers among liquid option names on September 23rd