Apache Corp. (APA) Tops Q1 EPS by 49c

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Go back to Apache Corp. (APA) Tops Q1 EPS by 49c

UBS Raises Price Target on Apache Corp. (APA) to $54 Following 1Q Report

May 6, 2016 9:37 AM EDT

UBS reiterated a Neutral rating on Apache Corp. (NYSE: APA), and raised the price target to $54.00 (from $40.00), following the company's 1Q earnings report. APA's EPS loss of ($0.40) was much better than consensus' ($0.89) & beat UBS' estimate of ($0.99) entirely on a 29% lower than... More