Antero Resources price target lowered to $34 from $41 at Truist
The Fly

Antero Resources price target lowered to $34 from $41 at Truist

Truist lowered the firm’s price target on Antero Resources to $34 from $41 but keeps a Buy rating on the shares after its Q4 results. The company is exposed to continued gas volatility and moderate inflation, but it is also positioned in such a way that there is unlikely any scenario where the D&C activity is less than the current level, helping ensure a minimum of $500M in free cash flow this year, the analyst tells investors in a research note.

Published first on TheFly

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