Antero Resources (NYSE:AR) Now Covered by Truist Financial

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Truist Financial has initiated coverage on Antero Resources (NYSE:AR) with a “buy” rating and a $56.00 price target, suggesting a 31.5% upside. The oil and natural gas company recently surpassed EPS and revenue expectations, and analysts project $2.74 EPS for the current fiscal year. Despite recent insider stock sales, institutional investors hold a significant majority of shares, and the company maintains a “Moderate Buy” consensus rating with an average price target of $46.63.

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