Raymond James Keeps Their Buy Rating on Antero Midstream Partners (AM)


Raymond James analyst Darren Horowitz reiterated a Buy rating on Antero Midstream Partners (NYSE: AM) on August 17 and set a price target of $38. The company’s shares opened today at $30.86.

According to TipRanks.com, Horowitz is a 4-star analyst with an average return of 5.4% and a 62.4% success rate. Horowitz covers the Basic Materials sector, focusing on stocks such as Enterprise Products Partners LP, EnLink Midstream Partners, and Spectra Energy Partners.

The word on The Street in general, suggests a Hold analyst consensus rating for Antero Midstream Partners with a $35 average price target.

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The company has a one-year high of $34.18 and a one-year low of $24.20. Currently, Antero Midstream Partners has an average volume of 613.1K.

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Antero Midstream Partners LP owns, operates and develops midstream energy assets. The company’s assets consist of gathering pipelines, compressor stations and fresh water distribution systems, through which it provides midstream services to Antero Resources Corp. under long-term, fixed-fee contracts.

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