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Antero Resources upgraded to Buy from Neutral at UBS

UBS upgraded Antero Resources (AR) to Buy from Neutral with a $43 price target The firm sees a better entry point following the recent 30% stock price decline, the analyst tells investors in a research note. Additionally, UBS says Antero has the best upside leverage to rising natural gas prices given its hedge position, maintenance level operations, and capital efficient asset base.

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