Morgan Stanley raised the firm’s price target on Antero Midstream to $16 from $15 and keeps an Underweight rating on the shares. Midstream sector consolidation activity continues and sales of privately held Permian midstream companies are the dominant transaction theme for the year, the analyst tells investors.
Confident Investing Starts Here:
- Quickly and easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks straight to you inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AM:
- Antero Midstream Unveils New Investor Presentation Update
- Antero Midstream reports Q2 adjusted EPS 23c, consensus 22c
- Antero Midstream Announces Second Quarter 2024 Financial and Operating Results
- Antero Resources Announces Second Quarter 2024 Financial and Operating Results
- AM Earnings Report this Week: Is It a Buy, Ahead of Earnings?