There’s a lot to be optimistic about in the Energy sector as 2 analysts just weighed in on Antero Midstream (AM – Research Report) and Patterson-UTI (PTEN – Research Report) with bullish sentiments.
Antero Midstream (AM)
In a report released yesterday, Ned Baramov from Wells Fargo maintained a Buy rating on Antero Midstream, with a price target of $14.00. The company’s shares closed last Friday at $12.41.
According to TipRanks.com, Baramov is ranked #7849 out of 8727 analysts.
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Antero Midstream with a $14.00 average price target, a 12.7% upside from current levels. In a report issued on February 14, Goldman Sachs also maintained a Buy rating on the stock.
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Patterson-UTI (PTEN)
In a report released today, Saurabh Pant from Bank of America Securities reiterated a Buy rating on Patterson-UTI, with a price target of $14.50. The company’s shares closed last Friday at $12.06.
According to TipRanks.com, Pant is a 1-star analyst with an average return of
Patterson-UTI has an analyst consensus of Strong Buy, with a price target consensus of $15.50, implying a 31.9% upside from current levels. In a report issued on February 15, RBC Capital also maintained a Buy rating on the stock with a $16.00 price target.
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Read More on AM:
- Antero Midstream reports Q4 adjusted EPS 24c, consensus 21c
- Antero Resources Announces Fourth Quarter 2023 Results, Year End Reserves and 2024 Guidance
- Antero Midstream Announces Fourth Quarter 2023 Results, 2024 Guidance and $500 Million Share Repurchase Program
- Is AM a Buy, Before Earnings?
- Antero Midstream Announces Fourth Quarter 2023 Return of Capital and Earnings Release Date and Conference Call
