Wells Fargo analyst Roger Read lowered the firm’s price target on Antero Resources (AR) to $39 from $41 and keeps an Equal Weight rating on the shares. The firm anticipates a softer Q2 financial print, driven by weaker price realizations. Key areas of focus include updates on global LPG supply/demand and pricing dynamics, cash returns, and potential gas supply agreements for data center/power gen demand, Wells adds.
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