Shares of APA Corp (Symbol: APA) recently surpassed the average analyst 12-month target price of $26.04, trading at $26.69 per share. This performance invites scrutiny from analysts on whether to downgrade their valuations or adjust their target prices higher based on the company’s underlying business developments.
Out of 28 analysts covering APA Corp, target prices range from a low of $16.00 to a high of $40.00, with a standard deviation of $5.426. The breakdown of recent analyst ratings includes 5 strong buys, 2 buys, 19 holds, 1 sell, and 3 strong sells, yielding an average rating of 2.81 on a 1 (Strong Buy) to 5 (Strong Sell) scale.
