JP Morgan Maintains Underweight on Antero Midstream, Lowers Price Target to $11
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Jeremy Tonet has maintained an 'Underweight' rating on Antero Midstream (NYSE:AM) and lowered the price target from $12 to $11.
July 21, 2023 | 2:30 pm
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JP Morgan has maintained an 'Underweight' rating on Antero Midstream and lowered the price target from $12 to $11.
The 'Underweight' rating maintained by JP Morgan indicates a negative outlook for Antero Midstream. The lowering of the price target from $12 to $11 suggests that the analyst believes the stock is overvalued at its current price, which could lead to a decrease in the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100