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Analysts Offer Insights on Energy Companies: APA (APA) and ProFrac Holding (ACDC)

Tipranks - Wed Mar 25, 6:01AM CDT

Companies in the Energy sector have received a lot of coverage today as analysts weigh in on APA (APA) and ProFrac Holding (ACDC).

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APA (APA)

In a report released today, Leo Mariani from Roth MKM maintained a Hold rating on APA, with a price target of $27.00. The company’s shares closed last Monday at $39.03.

According to TipRanks.com, Mariani is a top 25 analyst with an average return of 35.9% and a 72.8% success rate. Mariani covers the NA sector, focusing on stocks such as California Resources Corp, Occidental Petroleum, and Prairie Operating Co. ;'>

The word on The Street in general, suggests a Hold analyst consensus rating for APA with a $30.65 average price target, implying a -19.7% downside from current levels. In a report released yesterday, Barclays also upgraded the stock to Hold with a $35.00 price target.

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ProFrac Holding (ACDC)

In a report released today, Joe Laetsch from Morgan Stanley maintained a Sell rating on ProFrac Holding, with a price target of $5.00. The company’s shares closed last Monday at $6.20.

According to TipRanks.com, Laetsch is a 3-star analyst with an average return of 2.0% and a 60.0% success rate. Laetsch covers the NA sector, focusing on stocks such as HF Sinclair Corporation, Marathon Petroleum, and Nabors Industries. ;'>

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for ProFrac Holding with a $4.00 average price target.

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