Antero Midstream Partners LP (AM) was Upgraded by Robert W. Baird to ” Outperform” according to the research note released today. The brokerage firm has raised the Price Target to $ 38 from a previous price target of $29 . Earlier the firm had a rating of “Neutral ” on the company shares. Robert W. Baird advised their investors in a research report released on Jun 9, 2016.
Many Wall Street Analysts have commented on Antero Midstream Partners LP. Antero Midstream Partners LP was Upgraded by Credit Suisse to ” Outperform” on Apr 29, 2016. Antero Midstream Partners LP was Initiated by Stifel to “Hold” on Mar 17, 2016.
Antero Midstream Partners LP opened for trading at $25.08 and hit $25.47 on the upside on Tuesday, eventually ending the session at $25.15, with a gain of 0.68% or 0.17 points. The heightened volatility saw the trading volume jump to 8,06,389 shares. Company has a market cap of $4,431 M.
In a different news, on May 9, 2016, Michael N. Kennedy (officer ) sold 2,335 shares at $25.05 per share price.
Antero Midstream Partners LP is a limited partnership formed by Antero Resources Corporation (Antero) to own operate and develop midstream energy assets. The Company’s assets consist of gathering pipelines and compressor stations through which the Company provides midstream services to Antero under. The Company’s assets are located in the southwestern core of the Marcellus Shale in northwest West Virginia and the Utica Shale in southern Ohio. The Company also provides condensate gathering services to Antero under the gathering and compression agreement.