APA Corp. price target lowered to $30 from $35 at Barclays

Barclays lowered the firm’s price target on APA Corp. to $30 from $35 and keeps an Equal Weight rating on the shares. The firm changed estimates in the integrated oil and exploration and production group to reflect a reduction in oil price forecasts of $10 per barrel in 2025 and $5 in 2026. With the recent sector pullback, the risk/rewards are skewed to the upside for stocks as company fundamentals and operational momentum remain solid, the analyst tells investors in a research note.