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Barclays Sticks to Their Sell Rating for APA (APA)

Tipranks - Tipranks - Thu Mar 5, 3:51AM CST

Barclays analyst Betty Jiang maintained a Sell rating on APA today and set a price target of $24.00.

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According to TipRanks, Jiang is a 4-star analyst with an average return of 5.3% and a 54.61% success rate. Jiang covers the Energy sector, focusing on stocks such as Exxon Mobil, Coterra Energy, and Chevron.

In addition to Barclays, APA also received a Sell from Morgan Stanley’s Devin McDermott in a report issued on February 27. However, yesterday, J.P. Morgan maintained a Hold rating on APA (NASDAQ: APA).

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Based on APA’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $1.99 billion and a net profit of $279 million. In comparison, last year the company earned a revenue of $2.71 billion and had a net profit of $354 million

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