Truist Securities Maintains Hold on APA, Raises Price Target to $44
Truist Securities analyst Gabe Daoud maintains APA (NASDAQ:APA) with a Hold and raises the price target from $39 to $44.
Stocks · News reference
Shares of oil and gas-related companies are trading higher as energy prices gain amid a perceived lack of progress in U.S.-Iran peace talks taking place alongside UN meetings. Also, activist interest in Devon Energy may be drawing attention to value in the exploration and production industry.
Reference Details
Connected Markets
Poisar stores the source's headline, summary and market tags for reference. Reporting and full article text remain with the original publisher.
- Source
- benzinga
- Observed
- Checked
- Cadence
- Captured once, then retained as an archive reference
- Status
- fresh
Keep reading
Related Headlines
APA Corporation Announces Additional 40M Share Buyback Authorization
Shares of oil and gas exploration and production companies are trading lower as API data indicating a U.S. crude inventory weekly increase and EIA data showing that gasoline and distillate stored volumes grew since last week are pressuring stocks that have heavier exposure to the North American physical energy market. Also, reports suggesting Saudi Arabia is making efforts to get crude exports moving are dampening oil prices.
Nasdaq 100 Slips, 10-Year Yields Hit 19-Year Highs: Stock Market Today
Stocks slid as the 10-year Treasury yield hit a 19-year high on blowout PMI data; cybersecurity stocks bucked the selloff.
Stifel Reinstates Hold on Antero Resources, Announces $42 Price Target
Stifel analyst David Deckelbaum reinstates Antero Resources (NYSE:AR) with a Hold and announces $42 price target.
BP Stock Gains Amid JPMorgan Upgrade, Oil Rally
BP p.l.c. (NYSE: BP) shares are trading higher Wednesday afternoon as benchmark crude prices gain on stalling Middle Eastern diplomatic talks and an analyst upgrade.