Johnson Rice Upgrades APA Corporation (APA) To Accumulate, Lifts Price Target

Group 1 - APA Corporation (NASDAQ:APA) is ranked among the Top 15 Lowest P/E Ratios of the S&P 500 for 2025 [1] - Johnson Rice upgraded its rating on APA Corporation to Accumulate from Hold and increased its price target to $40 from $35 [1] - Goldman Sachs raised its price target for APA Corporation to $21 from $19 but maintained a Sell rating due to a slowdown in the U.S. shale oil market [2] Group 2 - As of December 5, the consensus rating for APA Corporation among 29 Wall Street analysts is Hold, with a one-year average share price target of $25.89, indicating a potential downside of 4% [3] - APA Corporation's shares have increased by 25% over the past month, driven by a strong third-quarter earnings report and production exceeding guidance [4] - The company reduced its net debt by $431 million in Q3, ending the quarter with $475 million in cash, and returned $154 million to investors through dividends and share repurchases [5] Group 3 - APA Corporation focuses on the exploration and production of oil and natural gas in the United States, the United Kingdom, Egypt, and offshore Suriname [5] - The stock has risen 17% year-to-date as of December 5 [5]