Scotiabank has revised its price target for Antero Resources (AR, Financial), reducing it from $49 to $46 while maintaining an Outperform rating. This change is part of the firm's updated forecasts for stocks within the North American Natural Gas sector.
Despite recent tariff developments, Scotiabank remains optimistic about the sector's prospects, suggesting that a bull market is underway. The firm highlights Antero Resources as a top pick due to its significant potential to benefit from fluctuations in natural gas prices.