BofA lowered the firm’s price target on Antero Resources (AR) to $46 from $47 and keeps a Buy rating on the shares. The firm, which updated its model for Antero’s latest market data and lower 2026 gas strip prices, believes based on recent management comments at third party conferences that Antero may look to buy in the working interest it previously sold to Quantum Capital.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AR:
- Antero Resources price target lowered to $42 from $43 at Barclays
- Positive Long-Term Outlook for Antero Resources Justifies Buy Rating Despite Short-Term Challenges
- Antero Resources price target lowered to $47 from $50 at Jefferies
- Antero Resources price target lowered to $44 from $49 at JPMorgan
- Antero Resources Adopts Executive Severance Plan