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Antero Resources downgraded to Market Perform from Strong Buy at Raymond James
The Fly

Antero Resources downgraded to Market Perform from Strong Buy at Raymond James

Raymond James analyst John Freeman downgraded Antero Resources to Market Perform from Strong Buy without a price target. The firm is still constructive on Antero’s liquids aspect, but is bearish on natural gas, and tells investors in a research note that while Antero will have the flexibility to continue share repurchases throughout 2023, the pace of buybacks will fall materially versus 2022.

Published first on TheFly

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