Morgan Stanley Maintains Equal-Weight on Antero Resources, Raises Price Target to $26
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott has maintained an Equal-Weight rating on Antero Resources (NYSE:AR) and increased the price target from $24 to $26.

March 28, 2024 | 6:46 pm
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Morgan Stanley has maintained an Equal-Weight rating on Antero Resources and raised the price target from $24 to $26.
The increase in price target by Morgan Stanley suggests a positive outlook on Antero Resources' stock, potentially leading to short-term price appreciation. The Equal-Weight rating indicates that the stock is expected to perform in line with the market or sector, but the raised target price signals analyst confidence in the company's potential to reach higher valuation levels.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100