Antero Midstream GP upgraded Buy at Stifel

Published 08/14/2017, 10:43 AM
© Reuters.  Antero Midstream GP upgraded Buy at Stifel
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  • Antero Midstream GP (AMGP +1.7%) is upgraded to Buy from Hold with a $23 price target at Stifel following continued weakness in the shares.
  • Stifel says AMGP offers investors potentially the best investment option for those seeking to benefit from the growth of Appalachia production and associated infrastructure.
  • The firm sees AMGP as effectively a levered play on underlying growth at Antero Midstream Partners (NYSE:AM), and it anticipates the shares have a broader investor base given investors receive a 1099 compared to the K-1 associated with the standard MLP investment.
  • Source: Briefing.com
  • Now read: This Energy Stock Yields 4% And Will Grow Dividends By 30% Annually


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