Barclays raised the firm’s price target on Antero Resources (AR) to $36 from $30 and keeps an Equal Weight rating on the shares. The firm lowered its end-of-March gas storage forecast to 1.7 Tcf on impact of a cold January, which it says cuts down the storage buffer just as liquified natural gas is ramping up and production growth is expected to slow. Barclays raising 2025-2026 gas prices to $4.00 and updating price targets for the gas-levered exploration and production companies.
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Read More on AR:
- Antero Resources price target raised to $45 from $33 at Roth MKM
- Antero Resources price target raised to $60 from $44 at Raymond James
- Antero Resources price target raised to $49 from $42 at Morgan Stanley
- Antero Resources price target raised to $39 from $35 at UBS
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