Goldman Sachs Initiates Apache At Buy

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Analysts at Goldman Sachs initiated coverage on
Apache CorporationAPA
with a Buy rating. The target price for Apache is set to $53. Apache shares have dropped 37.30 percent over the past 52 weeks, while the S&P 500 index has surged 7.25 percent in the same period. Apache shares rose 1.87 percent to close at $59.34 on Friday.
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Posted In: InitiationAnalyst RatingsGoldman Sachs
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