Truist Securities Maintains Buy on Antero Resources, Lowers Price Target to $46
Truist Securities analyst Gabe Daoud maintains Antero Resources (NYSE:AR) with a Buy and lowers the price target from $52 to $46.
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UBS Maintains Buy on Antero Resources, Lowers Price Target to $54
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Jefferies Maintains Buy on Antero Resources, Lowers Price Target to $56
Jefferies analyst Lloyd Byrne maintains Antero Resources (NYSE:AR) with a Buy and lowers the price target from $60 to $56.
Shares of oil and gas related companies are trading lower after Iran's Foreign Minister confirmed that Iran has submitted to the U.S. a seven-day plan to reopen the Strait of Hormuz and start discussions on Iran's nuclear program. Also, companies exposed to U.S. natural gas markets have seen physical prices decline due to high production and inventory, lower LNG export volumes, and mild autumn weather in North America.