Wells Fargo Maintains Underweight on Antero Resources, Lowers Price Target to $24
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Roger Read has maintained an Underweight rating on Antero Resources and lowered the price target from $25 to $24.
October 18, 2024 | 1:43 pm
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Wells Fargo has maintained its Underweight rating on Antero Resources and reduced the price target from $25 to $24, indicating a bearish outlook.
The Underweight rating suggests that Wells Fargo expects Antero Resources to underperform relative to the market. The lowered price target from $25 to $24 further indicates a negative outlook, which could lead to a decrease in investor confidence and a potential short-term decline in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100