In early trading today, Eli Lilly (LLY) emerged as a standout performer among highly liquid option stocks, climbing to $852.95, marking a significant increase of $118.05. This strong upward movement highlights investor confidence in Eli Lilly's market position.
Other stocks also experienced notable gains, albeit with smaller shifts compared to Eli Lilly. Fidelity National Information Services (FIS) saw its stock rise by $4.36, reaching a price of $73.00. Meanwhile, Diamondback Energy (FANG) increased to $136.55, up by $6.33.
Additionally, Dollar Tree (DLTR) experienced an uptick of $3.25, bringing its stock price to $76.46. Apache (APA, Financial) rounded out the list of gainers, with a minor increase of $0.62 to reach $15.99.
This morning's trading activity reflects a dynamic start to the day for these stocks, with Eli Lilly taking the lead in terms of percentage growth and impact. Investors will be keeping a close watch as the market continues to evolve.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 26 analysts, the average target price for APA Corp (APA, Financial) is $24.53 with a high estimate of $36.00 and a low estimate of $14.00. The average target implies an upside of 54.26% from the current price of $15.90. More detailed estimate data can be found on the APA Corp (APA) Forecast page.
Based on the consensus recommendation from 29 brokerage firms, APA Corp's (APA, Financial) average brokerage recommendation is currently 2.9, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for APA Corp (APA, Financial) in one year is $28.29, suggesting a upside of 77.92% from the current price of $15.9. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the APA Corp (APA) Summary page.
