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Antero Midstream price target raised to $20 from $19 at Wells Fargo

Wells Fargo raised the firm’s price target on Antero Midstream (AM) to $20 from $19 and keeps an Equal Weight rating on the shares. The firm cites accretion from the announced HG acquisition, partially offset by the impact of the Utica disposition. Wells remains on the sidelines as it believes Antero’s current growth outlook is fairly reflected.

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