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Antero Resources price target lowered to $46 from $47 at BofA

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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