JPMorgan raised the firm’s price target on APA Corp. to $40 from $38 and keeps a Neutral rating on the shares. The analyst anticipates an in-line Q1 print, but believes the results will take a back seat to the company’s updated guidance, including the impact from the recently closed Callon Petroleum acquisition.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% 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 Corporation Announces Executive Leadership Restructuring
- APA Corporation Provides First-Quarter 2024 Supplemental Information and Schedules Results Conference Call for May 2 at 10 a.m. Central Time
- Barclays starts U.S. Integrated Oil & E&P sector with Positive view
- APA Corp. initiated with an Equal Weight at Barclays
- APA Corporation Announces Updates to Executive Leadership