Morgan Stanley Upgrades Antero Resources to Overweight, Raises Price Target to $36
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Devin McDermott upgraded Antero Resources (NYSE:AR) from Equal-Weight to Overweight and increased the price target from $26 to $36.
April 17, 2024 | 10:56 am
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POSITIVE IMPACT
Antero Resources was upgraded by Morgan Stanley from Equal-Weight to Overweight, with a price target increase from $26 to $36.
The upgrade by Morgan Stanley to Overweight and the significant increase in price target from $26 to $36 suggests a strong bullish outlook for Antero Resources. This is likely to positively influence investor sentiment and potentially lead to a short-term increase in AR's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100