Barclays Initiates Coverage On Antero Resources with Equal-Weight Rating, Announces Price Target of $32
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Betty Jiang has initiated coverage on Antero Resources (NYSE:AR) with an Equal-Weight rating and set a price target of $32. This new coverage could influence investor sentiment and potentially impact the stock's performance in the short term.
April 10, 2024 | 1:21 pm
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Barclays initiated coverage on Antero Resources with an Equal-Weight rating and a price target of $32, potentially affecting its stock price.
The initiation of coverage by a major financial institution like Barclays, especially with a specific price target, can influence investor perception and stock price movement. However, the Equal-Weight rating suggests a neutral outlook, which might not lead to significant short-term volatility.
CONFIDENCE 85
IMPORTANCE 75
RELEVANCE 90