Jefferies analyst Lloyd Byrne raised the firm’s price target on Antero Resources (AR) to $54 from $50 and keeps a Buy rating on the shares. The firm estimates “robust” Q1 free cash flow of $434M, supported by strong realizations, the analyst tells investors in a preview.
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Read More on AR:
- Improving Fundamentals but Fairly Valued: Rationale Behind Maintaining a Hold on Antero
- Antero Resources price target raised to $50 from $40 at BMO Capital
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- Antero Resources price target raised to $54 from $46 at Morgan Stanley
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