APA Shares Fall After Wells Fargo Downgrade

MT Newswires Live12-18

APA (APA) shares fell 5% in recent trading Tuesday after Wells Fargo downgraded its rating on the stock to equalweight from overweight and reduced the price target to $25 from $42.

Piper Sandler also cuts its price target to $23 from $26.

APA intraday volume topped 6.08 million shares versus the daily average of 6.32 million.

Price: 20.85, Change: -1.10, Percent Change: -4.99

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