Barclays analyst Betty Jiang lowered the firm’s price target on Antero Resources to $30 from $32 and keeps an Equal Weight rating on the shares. The firm changed estimates in the integrated oil and exploration and production group to reflect a reduction in oil price forecasts of $10 per barrel in 2025 and $5 in 2026. With the recent sector pullback, the risk/rewards are skewed to the upside for stocks as company fundamentals and operational momentum remain solid, the analyst tells investors in a research note.
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Read More on AR:
- Antero Resources downgraded to Underweight from Overweight at Wells Fargo
- Antero Resources price target lowered to $28 from $29 at Truist
- Antero Resources initiated with a Neutral at Citi
- Antero Resources price target lowered to $38 from $39 at Morgan Stanley
- Antero Resources price target lowered to $35 from $37 at Mizuho
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