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.
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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
