JP Morgan Maintains Overweight on Antero Resources, Lowers Price Target to $30
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Arun Jayaram maintains an Overweight rating on Antero Resources but lowers the price target from $37 to $30.
September 12, 2024 | 3:55 pm
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JP Morgan's analyst Arun Jayaram maintains an Overweight rating on Antero Resources but reduces the price target from $37 to $30, indicating a more cautious outlook.
The reduction in the price target from $37 to $30 suggests a more cautious outlook on Antero Resources' future performance, which could lead to a short-term negative impact on the stock price. However, the maintained Overweight rating indicates continued confidence in the stock's potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100