Analysts Offer Insights on Energy Companies: APA (APA) and Permian Resources (PR)
There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on APA (APA) and Permian Resources (PR) with bullish sentiments.
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APA (APA)
William Blair analyst Neal Dingmann maintained a Buy rating on APA today. The company’s shares closed last Thursday at $33.29, close to its 52-week high of $36.05.
According to TipRanks.com, Dingmann is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of
Currently, the analyst consensus on APA is a Hold with an average price target of $40.73.
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Permian Resources (PR)
In a report released yesterday, Sam Margolin from Wells Fargo maintained a Buy rating on Permian Resources, with a price target of $26.00. The company’s shares closed last Thursday at $19.06.
According to TipRanks.com, Margolin is a 5-star analyst with an average return of
Permian Resources has an analyst consensus of Strong Buy, with a price target consensus of $24.85, a 27.1% upside from current levels. In a report issued on June 29, Morgan Stanley also maintained a Buy rating on the stock with a $24.00 price target.
Read More on APA:
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- APA Corp. price target lowered to $41 from $44 at Morgan Stanley
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- APA Corp. upgraded to Buy from Neutral at Roth Capital
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