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Morgan Stanley Sticks to Their Buy Rating for Antero Resources (AR)

Tipranks - Tipranks - Sat Feb 14, 8:02AM CST

Morgan Stanley analyst Devin McDermott maintained a Buy rating on Antero Resources today and set a price target of $46.00.

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According to TipRanks, McDermott is a 5-star analyst with an average return of 11.2% and a 58.84% success rate. McDermott covers the Energy sector, focusing on stocks such as Exxon Mobil, Devon Energy, and Conocophillips.

In addition to Morgan Stanley, Antero Resources also received a Buy from TD Cowen’s Tal Lev in a report issued today. However, yesterday, Roth MKM assigned a Hold rating to Antero Resources (NYSE: AR).

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Based on Antero Resources’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $1.17 billion and a net profit of $76.18 million. In comparison, last year the company earned a revenue of $983.58 million and had a GAAP net loss of $20.44 million

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