Morgan Stanley Maintains Equal-Weight on Antero Resources, Lowers Price Target to $23
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Antero Resources (NYSE:AR) and lowered the price target from $24 to $23.
July 18, 2023 | 1:37 pm
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Morgan Stanley has maintained an Equal-Weight rating on Antero Resources and lowered the price target from $24 to $23.
The lowering of the price target by Morgan Stanley could potentially lead to a decrease in the stock price of Antero Resources in the short term. The Equal-Weight rating suggests that the stock is expected to perform in line with the market, but the reduced price target may negatively impact investor sentiment.
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