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verizon communications sees increased institutional investment and mixed analyst ratings
Pittenger & Anderson Inc. increased its stake in Verizon Communications by 50.4%, now holding 883 shares valued at $37,000. Analysts have mixed ratings on the stock, with a consensus "Moderate Buy" and an average price target of $46.37. Verizon reported a slight revenue increase, with earnings per share of $1.19, beating estimates.
Antero Resources outlook neutral with potential upside amid financial challenges
UBS has initiated coverage on Antero Resources (NYSE: AR) with a Neutral rating and a price target of $33.00, indicating a potential upside of 20% from its current price of $27.24. The company benefits from strong propane and butane exposure, but faces challenges with a net debt to EBITDA ratio of 1.6, expected to improve by mid-2025. Analysts have mixed sentiments, with Mizuho maintaining a Neutral stance, while JPMorgan and Roth/MKM show more confidence with higher price targets and a Buy rating, respectively.
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