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BUZZ - Jefferies lowers target price for Antero Resources

BUZZ - Jefferies lowers target price for Antero Resources

路透社路透社2026/10/02 10:56
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- ** Jefferies lowered the price target for US natural gas producer Antero Resources AR.N; maintained a "Buy" rating

** The brokerage cut the price target from $60 to $56—still implying a 60% upside potential

** It expects declines in natural gas and natural gas liquids (NGL) prices, which could drag on Antero Resources' earnings

** EBITDA forecasts for 2026 were lowered by about 2%, for 2027 by 14%, and for 2028 by 10%

** Third-quarter results are expected to be about 4% lower than market estimates, due to weak natural gas prices in the Appalachia region and pipeline disruptions, forcing AR to sell more local gas at lower prices

** Out of 21 brokerages, 15 maintain a "Buy" rating for AR, and 6 a "Hold" rating; the median price target is $49—data compiled by LSEG

** Stock is down 1.3% year-to-date


(For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Automated translations may contain errors or fail to provide sufficient context, and Reuters does not guarantee the accuracy of such automated translations, which are provided solely for the convenience of readers. Reuters accepts no liability for any damages or losses arising from the use of automated translation features.)

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