Stephens Starts Apache Corp. (APA) at Overweight

December 6, 2018 3:26 AM EST
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Price: $40.00 +0.08%

Rating Summary:
    19 Buy, 26 Hold, 5 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 19 | Down: 16 | New: 9
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Stephens analyst Gail Nicholson initiates coverage on Apache Corp. (NYSE: APA) with a Overweight rating and a price target of $50.00.

The analyst launches coverage on E&P names with a positive outlook on the sector citing the attractive valuations, management focus on increasing FCF/shareholder returns and a positive outlook for 2019/2020 on WTI.

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 $35.04 yesterday.



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