Barclays raised the firm’s price target on Antero Resources (AR) to $46 from $40 and keeps an Equal Weight rating on the shares. The firm says the HG acquisition adds “margin-accretive” production and extends inventory, a “win-win” for the near and the long term.
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Read More on AR:
- Antero Resources price target raised to $47 from $44 at BofA
- Strategic Acquisition of HG Energy Boosts Antero Resources’ Financial Outlook and Shareholder Value
- Hold Rating on Antero Resources Amid Strategic Transactions and Valuation Considerations
- Antero Resources price target raised to $40 from $37 at BMO Capital
- Antero Resources price target raised to $48 from $44 at Morgan Stanley