Morgan Stanley raised Antero Midstream's price target to $17, reflecting positive valuation outlook

From Yahoo Finance: 2025-06-28 13:24:00

Antero Midstream Corporation (NYSE:AM) is one of Goldman Sachs’ top energy stock picks. Morgan Stanley’s analyst raised the price target to $17 from $16 while maintaining an ‘Underweight’ rating on June 3. The stock is up 22.22% year-to-date, outperforming the market.

The price target increase reflects a positive valuation outlook despite the ‘Underweight’ rating. It also showcases Morgan Stanley’s expectations based on market conditions. Antero Midstream Corp owns, operates, and develops midstream assets in the Appalachian Basin, primarily serving Antero Resources.

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Read more: Morgan Stanley Hikes Antero Midstream (AM) Price Target to $17