Stifel Nicolaus Downgrades Apache Corp. (APA) to Hold

August 19, 2013 7:20 AM EDT Send to a Friend
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Price: $44.59 -0.8%

Rating Summary:
    17 Buy, 21 Hold, 2 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 21 | Down: 32 | New: 44
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Stifel Nicolaus downgraded Apache Corp. (NYSE: APA) from Buy to Hold. Analyst Amir Arif is cautious given the company's large presence in Egyptian, which accounts for 24% of cash flow and 19% of output.

For an analyst ratings summary and ratings history on Apache Corp. click here. For more ratings news on Apache Corp. click here.

Shares of Apache Corp. closed at $78.99 yesterday.

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